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Fidelity Value Fund Class K (FVLKX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund invests primarily in common stocks. It invests in securities of companies that possess valuable fixed assets or that Fidelity Management & Research Company LLC (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 adviser focuses investments in medium-sized companies, but also may invest substantially in larger or smaller companies. It invests in domestic and foreign issuers.

Looking to diversify beyond FVLKX? The mutual funds below have the lowest correlation with FVLKX — 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 FVLKX.

Best Diversifiers for FVLKX

0 mutual funds have low correlation with FVLKX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Select Semiconductors Portfolio (FSELX) (Semiconductors) with a 1Y correlation of 0.49, roughly unchanged from 0.59 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FSELX
Fidelity Select Semiconductors Portfolio0.490.500.59
97
Semiconductors, Technology EquitiesFVLKX vs FSELX
FBGRX
Fidelity Blue Chip Growth Fund0.500.530.65
75
Large Cap Growth EquitiesFVLKX vs FBGRX
FPURX
Fidelity Puritan Fund0.650.660.76
71
Diversified PortfolioFVLKX vs FPURX
FNILX
Fidelity ZERO Large Cap Index Fund0.660.680.73
71
Large Cap Blend EquitiesFVLKX vs FNILX
FTIHX
Fidelity Total International Index Fund0.680.700.75
59
Foreign Large Cap EquitiesFVLKX vs FTIHX
See all 28 diversifiers for FVLKX

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Diversification Analysis

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