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Fidelity Series Overseas Fund (FSOSX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund normally invests at least 80% of assets in non-U.S. securities. It normally invests primarily in common stocks. The adviser allocates investments across different countries and regions. The adviser uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

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

Best Diversifiers for FSOSX

0 mutual funds have low correlation with FSOSX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris Foreign Value Fund (QFVOX) (Foreign Large Cap Equities) with a 1Y correlation of 0.42, down from 0.64 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QFVOX
Pear Tree Polaris Foreign Value Fund0.420.560.64
78
Foreign Large Cap EquitiesFSOSX vs QFVOX
KGIIX
Kopernik International Fund0.520.430.54
54
Foreign Large Cap EquitiesFSOSX vs KGIIX
PTSIX
PIMCO RAE PLUS International Fund0.550.570.60
75
Foreign Large Cap EquitiesFSOSX vs PTSIX
SAHMX
SA International Value Fund0.590.600.67
88
Foreign Large Cap EquitiesFSOSX vs SAHMX
EPDPX
EuroPac International Dividend Income Fund Class A0.590.600.64
74
Foreign Large Cap Equities, DividendFSOSX vs EPDPX
See all 124 diversifiers for FSOSX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FSOSX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FSOSX and solid risk/return profiles. The least correlated is STAG Industrial, Inc. (STAG) (Real Estate) with a 1Y correlation of 0.36, down from 0.48 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
STAG
STAG Industrial, Inc.0.360.410.48
58
Real Estate

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Diversification Analysis

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