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Fidelity Advisor Stock Selector Mid Cap Fund Class Z (FSLZX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in stocks of companies with medium market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell Midcap Index or the S&P MidCap 400 Index). It potentially invests in companies with smaller or larger market capitalizations. The fund invests in domestic and foreign issuers. It invests in either "growth" stocks or "value" stocks or both.

Looking to diversify beyond FSLZX? The mutual funds below have the lowest correlation with FSLZX — 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 FSLZX.

Best Diversifiers for FSLZX

0 mutual funds have low correlation with FSLZX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.61, down from 0.74 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FBGRX
Fidelity Blue Chip Growth Fund0.610.630.74
75
Large Cap Growth EquitiesFSLZX vs FBGRX
FSELX
Fidelity Select Semiconductors Portfolio0.610.590.66
97
Semiconductors, Technology EquitiesFSLZX vs FSELX
FTIHX
Fidelity Total International Index Fund0.690.700.75
58
Foreign Large Cap EquitiesFSLZX vs FTIHX
DDDIX
13D Activist Fund0.740.820.88
61
Mid Cap Blend EquitiesFSLZX vs DDDIX
QCGDX
Quantified Common Ground Fund0.760.830.82
61
Mid Cap Blend EquitiesFSLZX vs QCGDX
See all 20 diversifiers for FSLZX

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