Looking to diversify beyond FTCNX? The mutual funds below have the lowest correlation with FTCNX — 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 FTCNX.
Best Diversifiers for FTCNX
0 mutual funds have low correlation with FTCNX (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 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.35 | 0.44 | 0.52 | 97 | Semiconductors, Technology Equities | FTCNX vs FSELX | |
| PIMCO RAE PLUS International Fund | 0.41 | 0.46 | 0.53 | 83 | Foreign Large Cap Equities | FTCNX vs PTSIX | |
| Fidelity Blue Chip Growth Fund | 0.46 | 0.53 | 0.60 | 75 | Large Cap Growth Equities | FTCNX vs FBGRX | |
| SA International Value Fund | 0.46 | 0.52 | 0.64 | 90 | Foreign Large Cap Equities | FTCNX vs SAHMX | |
| Thornburg Global Opportunities Fund | 0.47 | 0.61 | 0.71 | 94 | Foreign Large Cap Equities | FTCNX vs THOIX |
See all 36 diversifiers for FTCNX
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