Looking to diversify beyond FSCIX? The mutual funds below have the lowest correlation with FSCIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FSCIX.
Best Diversifiers for FSCIX
0 mutual funds have low correlation with FSCIX (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Diversified Income Fund (PDIIX) (Multisector Bonds) with a 1Y correlation of 0.44, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Diversified Income Fund | 0.44 | 0.39 | 0.37 | 66 | Multisector Bonds | FSCIX vs PDIIX | |
| Fidelity Blue Chip Growth Fund | 0.61 | 0.64 | 0.75 | 73 | Large Cap Growth Equities | FSCIX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.61 | 0.69 | 96 | Semiconductors, Technology Equities | FSCIX vs FSELX | |
| Fidelity Total International Index Fund | 0.70 | 0.69 | 0.73 | 62 | Foreign Large Cap Equities | FSCIX vs FTIHX | |
| Auer Growth Fund | 0.71 | 0.78 | 0.80 | 83 | Small Cap Blend Equities | FSCIX vs AUERX |
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