Looking to diversify beyond FVICX? The mutual funds below have the lowest correlation with FVICX — 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 FVICX.
Best Diversifiers for FVICX
9 mutual funds have low correlation with FVICX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.07, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.07 | 0.05 | 0.04 | 97 | Semiconductors, Technology Equities | FVICX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.12 | 0.11 | 0.08 | 75 | Large Cap Growth Equities | FVICX vs FBGRX | |
| Fidelity 500 Index Fund | 0.20 | 0.16 | 0.10 | 73 | S&P 500 | FVICX vs FXAIX | |
| DFA Short-Term Government Portfolio | 0.21 | 0.08 | 0.37 | 62 | Government Bonds | FVICX vs DFFGX | |
| Fidelity ZERO Large Cap Index Fund | 0.21 | 0.18 | 0.11 | 71 | Large Cap Blend Equities | FVICX vs FNILX |
See all 16 diversifiers for FVICX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FVICX
Add FVICX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FVICX