Looking to diversify beyond FIDI? The ETFs below have the lowest correlation with FIDI — 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 FIDI.
Best Diversifiers for FIDI
277 ETFs have low correlation with FIDI (below 0.3), 25 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, down from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.34 | -0.26 | 61 | Leveraged Currency | FIDI vs YCS | |
| TCW AAA CLO ETF | -0.17 | — | — | 99 | CLO | FIDI vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | FIDI vs CSHP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | — | — | 97 | Inflation-Protected Bonds | FIDI vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | FIDI vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FIDI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FIDI and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of 0.02, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | 0.02 | 0.14 | 0.30 | 61 | Energy | |
| Energy Transfer LP | 0.03 | 0.23 | 0.35 | 67 | Energy | |
| Chevron Corporation | 0.05 | 0.17 | 0.31 | 68 | Energy | |
| Consolidated Edison, Inc. | 0.05 | 0.17 | 0.20 | 58 | Utilities | |
| Exxon Mobil Corporation | 0.06 | 0.18 | 0.31 | 68 | Energy |
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Build a portfolio that complements FIDI
Add FIDI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIDI