Looking to diversify beyond FDND? The ETFs below have the lowest correlation with FDND — 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 FDND.
Best Diversifiers for FDND
605 ETFs have low correlation with FDND (below 0.3), 94 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.19 | — | — | 66 | Oil & Gas | FDND vs USO | |
| United States 12 Month Oil Fund LP | -0.18 | — | — | 56 | Oil & Gas | FDND vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.18 | -0.02 | -0.02 | 55 | Oil & Gas | FDND vs OILK | |
| United States Brent Oil Fund LP | -0.17 | — | — | 65 | Oil & Gas | FDND vs BNO | |
| Invesco DB Energy Fund | -0.17 | -0.04 | -0.04 | 71 | Oil & Gas | FDND vs DBE |
See all 2107 diversifiers for FDND
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FDND
Add FDND to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FDND