Looking to diversify beyond FZFLX? The mutual funds below have the lowest correlation with FZFLX — 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 FZFLX.
Best Diversifiers for FZFLX
0 mutual funds have low correlation with FZFLX (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth Fund (FBGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.65, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth Fund | 0.65 | 0.65 | 0.76 | 75 | Large Cap Growth Equities | FZFLX vs FBGRX | |
| Victory Trivalent International Small-Cap Fund Cla... | 0.66 | 0.70 | 0.75 | 53 | Mid Cap Blend Equities, Foreign Small & Mid Cap Equities | FZFLX vs MISIX | |
| Fidelity Select Semiconductors Portfolio | 0.67 | 0.63 | 0.70 | 97 | Semiconductors, Technology Equities | FZFLX vs FSELX | |
| Natixis Funds Trust II Vaughan Nelson Mid Cap Fund | 0.68 | 0.75 | 0.83 | 50 | Mid Cap Blend Equities | FZFLX vs VNVYX | |
| Fidelity Total International Index Fund | 0.71 | 0.70 | 0.74 | 59 | Foreign Large Cap Equities | FZFLX vs FTIHX |
See all 42 diversifiers for FZFLX
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