Looking to diversify beyond FVIIX? The mutual funds below have the lowest correlation with FVIIX — 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 FVIIX.
Best Diversifiers for FVIIX
8 mutual funds have low correlation with FVIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Select Semiconductors Portfolio | 0.04 | 0.05 | 0.03 | 97 | Semiconductors, Technology Equities | FVIIX vs FSELX | |
| Fidelity Blue Chip Growth Fund | 0.12 | 0.11 | 0.07 | 75 | Large Cap Growth Equities | FVIIX vs FBGRX | |
| Fidelity 500 Index Fund | 0.19 | 0.17 | 0.10 | 75 | S&P 500 | FVIIX vs FXAIX | |
| Fidelity Total Market Index Fund | 0.19 | 0.18 | 0.11 | 71 | Large Cap Blend Equities | FVIIX vs FSKAX | |
| Fidelity ZERO Total Market Index Fund | 0.20 | 0.19 | 0.11 | 72 | Large Cap Blend Equities | FVIIX vs FZROX |
See all 16 diversifiers for FVIIX
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