Looking to diversify beyond FSTGX? The mutual funds below have historically moved differently from FSTGX, 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 FSTGX
9 mutual funds have low correlation with FSTGX (below 0.3), 1 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of -0.01, roughly unchanged from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | -0.01 | -0.01 | 0.01 | 80 | Semiconductors, Technology Equities | FSTGX vs FSELX | |
| Fidelity Mega Cap Stock Fund | 0.18 | 0.06 | 0.02 | 74 | Large Cap Blend Equities | FSTGX vs FGRTX | |
| Fidelity ZERO Large Cap Index Fund | 0.19 | 0.14 | 0.10 | 59 | Large Cap Blend Equities | FSTGX vs FNILX | |
| Fidelity 500 Index Fund | 0.19 | 0.12 | 0.09 | 64 | S&P 500 | FSTGX vs FXAIX | |
| Fidelity Stock Selector Small Cap Fund | 0.20 | 0.15 | 0.10 | 83 | Small Cap Blend Equities | FSTGX vs FDSCX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FSTGX
Add FSTGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSTGX