Looking to diversify beyond FCBD? The ETFs below have the lowest correlation with FCBD — 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 FCBD.
Best Diversifiers for FCBD
955 ETFs have low correlation with FCBD (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, down from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.39 | -0.39 | 61 | Leveraged Currency | FCBD vs YCS | |
| Fidelity Managed Futures ETF | -0.31 | — | — | 64 | Systematic Trend | FCBD vs FFUT | |
| VanEck Commodity Strategy ETF | -0.27 | -0.25 | -0.25 | 55 | Commodities | FCBD vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | — | — | 70 | Commodities | FCBD vs FAAR | |
| Bastion Energy ETF | -0.23 | -0.23 | -0.23 | 75 | Energy Equities | FCBD vs BESF |
See all 2069 diversifiers for FCBD
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