Looking to diversify beyond FCEF? The ETFs below have the lowest correlation with FCEF — 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 FCEF.
Best Diversifiers for FCEF
359 ETFs have low correlation with FCEF (below 0.3), 65 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.29 | — | — | 98 | Inflation-Protected Bonds | FCEF vs RBIL | |
| Invesco DB Energy Fund | -0.26 | -0.05 | 0.12 | 71 | Oil & Gas | FCEF vs DBE | |
| United States Oil Fund LP | -0.25 | -0.04 | 0.11 | 66 | Oil & Gas | FCEF vs USO | |
| United States Brent Oil Fund LP | -0.24 | -0.04 | 0.10 | 65 | Oil & Gas | FCEF vs BNO | |
| ProShares UltraShort Yen | -0.24 | -0.14 | -0.10 | 63 | Leveraged Currency | FCEF vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCEF and solid risk/return profiles. The least correlated is Trinity Capital Inc. (TRIN) (Financial Services) with a 1Y correlation of 0.35, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Trinity Capital Inc. | 0.35 | 0.40 | 0.39 | 83 | Financial Services |
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