Looking to diversify beyond FSIGX? The mutual funds below have the lowest correlation with FSIGX — 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 FSIGX.
Best Diversifiers for FSIGX
8 mutual funds have low correlation with FSIGX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.06, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.06 | 0.06 | 0.06 | 97 | Semiconductors, Technology Equities | FSIGX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.11 | 0.12 | 0.10 | 75 | Large Cap Growth Equities | FSIGX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | 0.20 | 0.21 | 0.15 | 71 | Large Cap Blend Equities | FSIGX vs FNILX | |
| Fidelity 500 Index Fund | 0.20 | 0.19 | 0.14 | 75 | S&P 500 | FSIGX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | 0.21 | 0.21 | 0.15 | 72 | Large Cap Blend Equities | FSIGX vs FZROX |
See all 12 diversifiers for FSIGX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FSIGX
Add FSIGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSIGX