Looking to diversify beyond FCIN.NEO? The ETFs below have the lowest correlation with FCIN.NEO — 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 FCIN.NEO.
Best Diversifiers for FCIN.NEO
1 ETFs have low correlation with FCIN.NEO (below 0.3), 1 of which are negatively correlated. The least correlated is Global X Innovative Bluechip Top 10 Index ETF (TTTX.TO) (Global Equities) with a 1Y correlation of -0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Innovative Bluechip Top 10 Index ETF | -0.01 | 0.01 | 0.01 | 75 | Global Equities | FCIN.NEO vs TTTX.TO | |
| Brompton Global Infrastructure ETF | 0.41 | — | — | 58 | Global Equities | FCIN.NEO vs BGIE.TO | |
| CI Munro Global Growth Equity Fund | 0.44 | — | — | 68 | Global Equities | FCIN.NEO vs CMGG.TO | |
| Fidelity Global Innovators ETF | 0.47 | 0.44 | 0.44 | 90 | Technology Equities | FCIN.NEO vs FINN.NEO | |
| Fidelity US Momentum ETF | 0.49 | — | — | 65 | Momentum, Large Cap Growth Equities | FCIN.NEO vs FCMO.NEO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FCIN.NEO
Add FCIN.NEO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCIN.NEO