Looking to diversify beyond FDIF? The ETFs below have the lowest correlation with FDIF — 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 FDIF.
Best Diversifiers for FDIF
388 ETFs have low correlation with FDIF (below 0.3), 89 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.34, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.34 | -0.09 | -0.09 | 66 | Oil & Gas | FDIF vs USO | |
| Invesco DB Energy Fund | -0.33 | -0.09 | -0.09 | 71 | Oil & Gas | FDIF vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.08 | -0.08 | 65 | Oil & Gas | FDIF vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.30 | -0.09 | -0.09 | 56 | Derivative Income | FDIF vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.29 | -0.05 | -0.05 | 56 | Oil & Gas | FDIF vs OILK |
See all 2190 diversifiers for FDIF
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