Looking to diversify beyond FSRPX? The mutual funds below have the lowest correlation with FSRPX — 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 FSRPX.
Best Diversifiers for FSRPX
0 mutual funds have low correlation with FSRPX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.35, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.35 | 0.50 | 0.60 | 96 | Semiconductors, Technology Equities | FSRPX vs FSELX | |
| Fidelity Select Tech Hardware Portfolio | 0.40 | 0.55 | 0.62 | 98 | Technology Equities | FSRPX vs FDCPX | |
| Fidelity OTC Portfolio | 0.45 | 0.64 | 0.74 | 92 | Large Cap Growth Equities | FSRPX vs FOCPX | |
| Fidelity Blue Chip Growth Fund | 0.52 | 0.68 | 0.78 | 73 | Large Cap Growth Equities | FSRPX vs FBGRX | |
| Northern Income Equity Fund | 0.55 | 0.71 | 0.77 | 77 | Large Cap Value Equities | FSRPX vs NOIEX |
See all 10 diversifiers for FSRPX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FSRPX
Add FSRPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSRPX