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
1504 ETFs have low correlation with FIGB (below 0.3), 50 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 | 61 | Leveraged Currency | FIGB vs YCS | |
| Fidelity Managed Futures ETF | -0.29 | — | — | 64 | Systematic Trend | FIGB vs FFUT | |
| VanEck Commodity Strategy ETF | -0.25 | -0.09 | -0.09 | 55 | Commodities | FIGB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.23 | -0.09 | -0.08 | 70 | Commodities | FIGB vs FAAR | |
| Bastion Energy ETF | -0.22 | -0.22 | -0.22 | 75 | Energy Equities | FIGB vs BESF |
See all 2075 diversifiers for FIGB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FIGB
Add FIGB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIGB