Looking to diversify beyond FDAT? The ETFs below have the lowest correlation with FDAT — 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 FDAT.
Best Diversifiers for FDAT
367 ETFs have low correlation with FDAT (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.07 | — | 71 | Oil & Gas | FDAT vs DBE | |
| United States Oil Fund LP | -0.23 | -0.05 | — | 66 | Oil & Gas | FDAT vs USO | |
| United States Brent Oil Fund LP | -0.22 | -0.05 | — | 65 | Oil & Gas | FDAT vs BNO | |
| United States Gasoline Fund LP | -0.21 | -0.04 | — | 70 | Oil & Gas | FDAT vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 98 | Inflation-Protected Bonds | FDAT vs RBIL |
See all 2170 diversifiers for FDAT
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