Looking to diversify beyond FSISX? The mutual funds below have the lowest correlation with FSISX — 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 FSISX.
Best Diversifiers for FSISX
0 mutual funds have low correlation with FSISX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.52, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.52 | 0.48 | 0.56 | 92 | Semiconductors, Technology Equities | FSISX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.60 | 0.54 | 0.62 | 61 | Large Cap Growth Equities | FSISX vs FBGRX | |
| Hood River International Opportunity Fund | 0.67 | 0.67 | — | 91 | Foreign Small & Mid Cap Equities | FSISX vs HRIOX | |
| Hood River International Opportunity Fund Investor... | 0.67 | — | — | 91 | Foreign Small & Mid Cap Equities | FSISX vs HRIIX | |
| Fidelity SAI Emerging Markets Index Fund | 0.68 | 0.67 | 0.70 | 74 | Emerging Markets Diversified | FSISX vs FERGX |
See all 22 diversifiers for FSISX
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