Looking to diversify beyond FFIX.NEO? The ETFs below have the lowest correlation with FFIX.NEO — 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 FFIX.NEO.
Best Diversifiers for FFIX.NEO
5 ETFs have low correlation with FFIX.NEO (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity US Momentum ETF | 0.15 | — | — | 63 | Momentum, Large Cap Growth Equities | FFIX.NEO vs FCMO.NEO | |
| Fidelity Global Innovators ETF | 0.20 | — | — | 88 | Technology Equities | FFIX.NEO vs FINN.NEO | |
| Fidelity Canadian Momentum Index ETF | 0.20 | — | — | 79 | Momentum, Canada Equities | FFIX.NEO vs FCCM.NEO | |
| Fidelity U.S. Value ETF | 0.22 | — | — | 84 | Large Cap Value Equities | FFIX.NEO vs FCUV.TO | |
| Fidelity Canadian High Quality ETF | 0.27 | — | — | 67 | Canada Equities | FFIX.NEO vs FCCQ.TO |
See all 12 diversifiers for FFIX.NEO
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Diversification Analysis
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