Looking to diversify beyond FSCTX? The mutual funds below have the lowest correlation with FSCTX — 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 FSCTX.
Best Diversifiers for FSCTX
0 mutual funds have low correlation with FSCTX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Technology Portfolio (FSPTX) (Technology Equities) with a 1Y correlation of 0.54, down from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Technology Portfolio | 0.54 | 0.58 | 0.70 | 92 | Technology Equities | FSCTX vs FSPTX | |
| Fidelity Blue Chip Growth Fund | 0.60 | 0.63 | 0.75 | 71 | Large Cap Growth Equities | FSCTX vs FBGRX | |
| Fidelity Select Semiconductors Portfolio | 0.62 | 0.60 | 0.69 | 97 | Semiconductors, Technology Equities | FSCTX vs FSELX | |
| Fidelity Total International Index Fund | 0.68 | 0.68 | 0.73 | 56 | Foreign Large Cap Equities | FSCTX vs FTIHX | |
| Auer Growth Fund | 0.71 | 0.77 | 0.80 | 87 | Small Cap Blend Equities | FSCTX vs AUERX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FSCTX
Add FSCTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSCTX