Looking to diversify beyond FIGB? The ETFs below have the lowest correlation with FIGB — 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 FIGB.
Best Diversifiers for FIGB
1522 ETFs have low correlation with FIGB (below 0.3), 78 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.42 | -0.47 | 75 | Leveraged Currency | FIGB vs YCS | |
| United States Gasoline Fund LP | -0.36 | -0.17 | -0.11 | 72 | Oil & Gas | FIGB vs UGA | |
| Fidelity Managed Futures ETF | -0.31 | — | — | 66 | Systematic Trend | FIGB vs FFUT | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.29 | -0.13 | -0.08 | 51 | Commodities | FIGB vs PDBC | |
| Bastion Energy ETF | -0.26 | — | — | 86 | Energy Equities | FIGB vs BESF |
See all 2059 diversifiers for FIGB
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