Looking to diversify beyond FDG? The ETFs below have the lowest correlation with FDG — 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 FDG.
Best Diversifiers for FDG
392 ETFs have low correlation with FDG (below 0.3), 61 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.21, up from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.21 | -0.39 | -0.39 | 55 | Inverse Equities | FDG vs NFXS | |
| United States Gasoline Fund LP | -0.20 | -0.04 | 0.05 | 55 | Oil & Gas | FDG vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | FDG vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | -0.03 | -0.03 | 95 | Inflation-Protected Bonds | FDG vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.17 | -0.00 | -0.00 | 98 | Ultrashort Bond | FDG vs BAMU |
See all 1950 diversifiers for FDG
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Diversification Analysis
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