Looking to diversify beyond FCSH? The ETFs below have historically moved differently from FCSH, 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 FCSH
1106 ETFs have low correlation with FCSH (below 0.3), 102 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.48 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.48 | — | 59 | Leveraged Currency | FCSH vs YCS | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.37 | -0.45 | -0.48 | 51 | Nontraditional Bonds | FCSH vs RISR | |
| Invesco DB Oil Fund | -0.37 | -0.20 | — | 51 | Oil & Gas | FCSH vs DBO | |
| Invesco DB Energy Fund | -0.37 | -0.20 | — | 66 | Oil & Gas | FCSH vs DBE | |
| United States Gasoline Fund, LP | -0.36 | -0.21 | — | 83 | Oil & Gas | FCSH vs UGA |
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