Looking to diversify beyond FGRO? The ETFs below have the lowest correlation with FGRO — 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 FGRO.
Best Diversifiers for FGRO
237 ETFs have low correlation with FGRO (below 0.3), 99 of which are negatively correlated. The least correlated is ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) (Industrials Equities) with a 1Y correlation of -0.68, roughly unchanged from -0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares DJ Brookfield Global Infrastructure ETF | -0.68 | -0.68 | -0.68 | 51 | Industrials Equities | FGRO vs TOLZ | |
| Alerian Energy Infrastructure ETF | -0.67 | -0.67 | -0.67 | 50 | Energy Equities | FGRO vs ENFR | |
| Brookstone Ultra-Short Bond ETF | -0.57 | -0.57 | -0.57 | 98 | Ultrashort Bond | FGRO vs BAMU | |
| State Street My2028 Municipal Bond ETF | -0.55 | -0.55 | -0.55 | 84 | Municipal Bonds | FGRO vs MYMH | |
| Rareview Tax Advantaged Income ETF | -0.54 | -0.54 | -0.54 | 51 | Municipal Bonds | FGRO vs RTAI |
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