Looking to diversify beyond FCPI? The ETFs below have the lowest correlation with FCPI — 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 FCPI.
Best Diversifiers for FCPI
367 ETFs have low correlation with FCPI (below 0.3), 61 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.28, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.28 | -0.00 | 0.17 | 71 | Oil & Gas | FCPI vs DBE | |
| United States Oil Fund LP | -0.27 | -0.00 | 0.15 | 66 | Oil & Gas | FCPI vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | — | — | 56 | Derivative Income | FCPI vs USOY | |
| United States Brent Oil Fund LP | -0.25 | 0.00 | 0.15 | 65 | Oil & Gas | FCPI vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | FCPI vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCPI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCPI and solid risk/return profiles. The least correlated is Dorchester Minerals, L.P. (DMLP) (Energy) with a 1Y correlation of -0.01, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Dorchester Minerals, L.P. | -0.01 | 0.14 | 0.25 | 52 | Energy |
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