Looking to diversify beyond FIAX? The ETFs below have historically moved differently from FIAX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FIAX
395 ETFs have low correlation with FIAX (below 0.3), 94 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.07 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.33 | -0.07 | — | 55 | Oil & Gas | FIAX vs USO | |
| Invesco DB Energy Fund | -0.33 | -0.10 | — | 72 | Oil & Gas | FIAX vs DBE | |
| United States Brent Oil Fund LP | -0.31 | -0.06 | — | 52 | Oil & Gas | FIAX vs BNO | |
| Invesco DB Oil Fund | -0.30 | -0.05 | -0.06 | 58 | Oil & Gas | FIAX vs DBO | |
| United States Gasoline Fund, LP | -0.28 | -0.07 | — | 87 | Oil & Gas | FIAX vs UGA |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FIAX
Add FIAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIAX