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Fidelity Advisor Value Fund Class I (FVIFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Aug 4, 2026
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The fund invests primarily in common stocks. It invests in securities of companies that possess valuable fixed assets or that Fidelity Management & Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, earnings, or growth potential (stocks of these companies are often called "value" stocks). The fund adviser focuses investments in medium-sized companies, but also may invest substantially in larger or small companies. The fund invests in domestic and foreign issuers.

Looking to diversify beyond FVIFX? The mutual funds below have historically moved differently from FVIFX, 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 FVIFX

0 mutual funds have low correlation with FVIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.47, down from 0.59 over 5 years.

How candidates are selected
SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FSELX
Fidelity Select Semiconductors Portfolio0.470.500.59
80
Semiconductors, Technology EquitiesFVIFX vs FSELX
FTIHX
Fidelity Total International Index Fund0.680.710.74
70
Foreign Large Cap EquitiesFVIFX vs FTIHX
FZILX
Fidelity ZERO International Index Fund0.680.710.75
74
Foreign Large Cap EquitiesFVIFX vs FZILX
FSPSX
Fidelity International Index Fund0.680.680.73
64
Foreign Large Cap EquitiesFVIFX vs FSPSX
FNILX
Fidelity ZERO Large Cap Index Fund0.690.730.79
54
Large Cap Blend EquitiesFVIFX vs FNILX
See all 39 diversifiers for FVIFX

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