Looking to diversify beyond FSLCX? The mutual funds below have historically moved differently from FSLCX, 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 FSLCX
0 mutual funds have low correlation with FSLCX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity OTC Portfolio (FOCPX) (Large Cap Growth Equities) with a 1Y correlation of 0.62, roughly unchanged from 0.71 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity OTC Portfolio | 0.62 | 0.61 | 0.71 | 76 | Large Cap Growth Equities | FSLCX vs FOCPX | |
| Fidelity Select Semiconductors Portfolio | 0.64 | 0.60 | 0.67 | 80 | Semiconductors, Technology Equities | FSLCX vs FSELX | |
| DFA International Small Company Portfolio | 0.65 | 0.66 | 0.72 | 60 | Foreign Small & Mid Cap Equities, Small Cap Blend Equities | FSLCX vs DFISX | |
| Fidelity International Index Fund | 0.68 | 0.67 | 0.72 | 70 | Foreign Large Cap Equities | FSLCX vs FSPSX | |
| Auer Growth Fund | 0.70 | 0.76 | 0.80 | 91 | Small Cap Blend Equities | FSLCX vs AUERX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FSLCX
Add FSLCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSLCX