Looking to diversify beyond FCOR? The ETFs below have the lowest correlation with FCOR — 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 FCOR.
Best Diversifiers for FCOR
725 ETFs have low correlation with FCOR (below 0.3), 96 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.43 | -0.46 | 61 | Leveraged Currency | FCOR vs YCS | |
| Invesco DB Energy Fund | -0.42 | -0.19 | -0.13 | 71 | Oil & Gas | FCOR vs DBE | |
| United States Gasoline Fund LP | -0.42 | -0.17 | -0.11 | 69 | Oil & Gas | FCOR vs UGA | |
| Invesco DB Oil Fund | -0.42 | -0.19 | -0.14 | 65 | Oil & Gas | FCOR vs DBO | |
| Defiance Oil Enhanced Options Income ETF | -0.41 | — | — | 56 | Derivative Income | FCOR vs USOY |
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