Looking to diversify beyond FSPCX? The mutual funds below have the lowest correlation with FSPCX — 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 FSPCX.
Best Diversifiers for FSPCX
18 mutual funds have low correlation with FSPCX (below 0.3), 6 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of -0.22, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | -0.22 | -0.02 | 0.21 | 97 | Semiconductors, Technology Equities | FSPCX vs FSELX | |
| Fidelity Select Technology Portfolio | -0.14 | 0.03 | 0.26 | 93 | Technology Equities | FSPCX vs FSPTX | |
| Fidelity Emerging Markets | -0.13 | 0.04 | 0.23 | 85 | Emerging Markets Equities | FSPCX vs FEMKX | |
| Fidelity Series Emerging Markets Opportunities Fun... | -0.12 | 0.06 | 0.25 | 92 | Emerging Markets Equities | FSPCX vs FEMSX | |
| Fidelity OTC Portfolio | -0.11 | 0.06 | 0.30 | 92 | Large Cap Growth Equities | FSPCX vs FOCPX |
See all 20 diversifiers for FSPCX
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