Looking to diversify beyond FGSI? The ETFs below have the lowest correlation with FGSI — 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 FGSI.
Best Diversifiers for FGSI
351 ETFs have low correlation with FGSI (below 0.3), 29 of which are negatively correlated. The least correlated is Defiance Oil Enhanced Options Income ETF (USOY) (Derivative Income) with a 1Y correlation of -0.17, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | -0.17 | -0.17 | -0.17 | 56 | Derivative Income | FGSI vs USOY | |
| United States Gasoline Fund LP | -0.16 | -0.16 | -0.16 | 69 | Oil & Gas | FGSI vs UGA | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.11 | -0.11 | -0.11 | 64 | Commodities | FGSI vs USOI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.10 | -0.10 | -0.10 | 71 | Commodities | FGSI vs GSG | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | -0.09 | -0.09 | 100 | Ultrashort Bond | FGSI vs CSHP |
See all 2081 diversifiers for FGSI
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FGSI
Add FGSI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FGSI