Looking to diversify beyond FSPWX? The mutual funds below have historically moved differently from FSPWX, 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 FSPWX
17 mutual funds have low correlation with FSPWX (below 0.3), 1 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity SAI Inflation-Focused | -0.10 | — | — | 79 | Commodities | FSPWX vs FIFGX | |
| Fidelity Flex Conservative Income Bond Fund | 0.06 | — | — | 100 | Total Bond Market | FSPWX vs FJTDX | |
| SEI Multi-Asset Real Return Fund Class A | 0.08 | — | — | 86 | Inflation-Protected Bonds | FSPWX vs SEIAX | |
| Fidelity Select Semiconductors Portfolio | 0.12 | — | — | 80 | Semiconductors, Technology Equities | FSPWX vs FSELX | |
| Strategic Advisers Fidelity Emerging Markets Fund | 0.22 | 0.15 | 0.15 | 81 | Emerging Markets Equities | FSPWX vs FGOMX |
See all 34 diversifiers for FSPWX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FSPWX
Add FSPWX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSPWX