Looking to diversify beyond FCBD? The ETFs below have historically moved differently from FCBD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FCBD
945 ETFs have low correlation with FCBD (below 0.3), 112 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | — | — | 56 | Leveraged Currency | FCBD vs YCS | |
| Invesco DB Energy Fund | -0.41 | — | — | 72 | Oil & Gas | FCBD vs DBE | |
| Invesco DB Oil Fund | -0.41 | — | — | 58 | Oil & Gas | FCBD vs DBO | |
| United States Oil Fund LP | -0.40 | -0.34 | -0.34 | 55 | Oil & Gas | FCBD vs USO | |
| United States Brent Oil Fund LP | -0.39 | -0.33 | -0.33 | 52 | Oil & Gas | FCBD vs BNO |
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