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Fidelity Advisor Worldwide Fund Class I (FWIFX) Diversifiers

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

The fund invests in securities issued throughout the world. It normally invests primarily in common stocks. The advisor allocates investments across different countries and regions. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

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

Best Diversifiers for FWIFX

0 mutual funds have low correlation with FWIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.44, down from 0.65 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RTXAX
Russell Investment Tax-Managed Real Assets Fund0.440.520.65
80
Global EquitiesFWIFX vs RTXAX
PGVFX
Polaris Global Value Fund0.480.580.69
89
Global EquitiesFWIFX vs PGVFX
FMIEX
Wasatch Global Value Fund Investor Class Shares0.490.430.59
90
Global EquitiesFWIFX vs FMIEX
SGMAX
SEI Institutional Investments Trust Global Managed...0.510.540.65
55
Global EquitiesFWIFX vs SGMAX
PRAFX
T. Rowe Price Real Assets Fund0.510.560.68
58
Global EquitiesFWIFX vs PRAFX
See all 30 diversifiers for FWIFX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FWIFX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FWIFX and solid risk/return profiles. The least correlated is Lazard Ltd (LAZ) (Financial Services) with a 1Y correlation of 0.44, down from 0.55 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
LAZ
Lazard Ltd0.440.460.55
53
Financial Services

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Diversification Analysis

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