Looking to diversify beyond FSCOX? The mutual funds below have the lowest correlation with FSCOX — 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 FSCOX.
Best Diversifiers for FSCOX
0 mutual funds have low correlation with FSCOX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.53, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.53 | 0.51 | 0.59 | 92 | Semiconductors, Technology Equities | FSCOX vs FSELX | |
| Fidelity Emerging Asia Fund | 0.59 | 0.58 | 0.61 | 87 | Asia Pacific Equities | FSCOX vs FSEAX | |
| Fidelity Blue Chip Growth Fund | 0.61 | 0.57 | 0.64 | 61 | Large Cap Growth Equities | FSCOX vs FBGRX | |
| Fidelity Stock Selector Large Cap Value Fund | 0.64 | 0.60 | 0.65 | 79 | Large Cap Value Equities | FSCOX vs FSLVX | |
| Northern Income Equity Fund | 0.64 | 0.63 | 0.67 | 77 | Large Cap Value Equities | FSCOX vs NOIEX |
See all 24 diversifiers for FSCOX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FSCOX
Add FSCOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSCOX