Looking to diversify beyond FSZZX? The mutual funds below have the lowest correlation with FSZZX — 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 FSZZX.
Best Diversifiers for FSZZX
0 mutual funds have low correlation with FSZZX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.52, down from 0.65 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.52 | 0.65 | — | 86 | Emerging Markets Diversified | FSZZX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.62 | 0.74 | — | 94 | Emerging Markets Diversified | FSZZX vs EMPTX | |
| Fidelity ZERO Large Cap Index Fund | 0.68 | 0.66 | — | 71 | Large Cap Blend Equities | FSZZX vs FNILX | |
| Fidelity 500 Index Fund | 0.68 | 0.65 | — | 73 | S&P 500 | FSZZX vs FXAIX | |
| Fidelity Total Market Index Fund | 0.68 | 0.66 | — | 71 | Large Cap Blend Equities | FSZZX vs FSKAX |
See all 26 diversifiers for FSZZX
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