Looking to diversify beyond FICS? The ETFs below have the lowest correlation with FICS — 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 FICS.
Best Diversifiers for FICS
268 ETFs have low correlation with FICS (below 0.3), 73 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, down from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.34 | -0.28 | 72 | Leveraged Currency | FICS vs YCS | |
| Invesco DB Energy Fund | -0.37 | -0.17 | -0.00 | 57 | Oil & Gas | FICS vs DBE | |
| United States Gasoline Fund LP | -0.33 | -0.15 | -0.00 | 82 | Oil & Gas | FICS vs UGA | |
| ProShares Short Bitcoin ETF | -0.31 | -0.24 | — | 53 | Cryptocurrency | FICS vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 65 | Inverse Equities, Leveraged Equities | FICS vs MSTZ |
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