Looking to diversify beyond FEIG? The ETFs below have the lowest correlation with FEIG — 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 FEIG.
Best Diversifiers for FEIG
394 ETFs have low correlation with FEIG (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.43 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.43 | — | 63 | Leveraged Currency | FEIG vs YCS | |
| United States Gasoline Fund LP | -0.40 | -0.18 | — | 55 | Oil & Gas | FEIG vs UGA | |
| VanEck Commodity Strategy ETF | -0.27 | -0.09 | -0.08 | 57 | Commodities | FEIG vs PIT | |
| Fidelity Managed Futures ETF | -0.27 | -0.28 | -0.28 | 64 | Systematic Trend | FEIG vs FFUT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.26 | -0.07 | -0.07 | 50 | Commodities | FEIG vs CMDT |
See all 1943 diversifiers for FEIG
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