Looking to diversify beyond FSCRX? The mutual funds below have historically moved differently from FSCRX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FSCRX
0 mutual funds have low correlation with FSCRX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Health Care Services Portfolio (FSHCX) (Health & Biotech Equities) with a 1Y correlation of 0.36, down from 0.48 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Health Care Services Portfolio | 0.36 | 0.39 | 0.48 | 68 | Health & Biotech Equities | FSCRX vs FSHCX | |
| Fidelity Select Technology Portfolio | 0.59 | 0.55 | 0.66 | 72 | Technology Equities | FSCRX vs FSPTX | |
| Fidelity OTC Portfolio | 0.59 | 0.56 | 0.67 | 76 | Large Cap Growth Equities | FSCRX vs FOCPX | |
| Fidelity International Value Fund | 0.60 | 0.62 | 0.69 | 77 | Foreign Large Cap Equities | FSCRX vs FIVLX | |
| DFA International Small Company Portfolio | 0.61 | 0.64 | 0.71 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | FSCRX vs DFISX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FSCRX
Add FSCRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSCRX