Looking to diversify beyond FIGG? The ETFs below have the lowest correlation with FIGG — 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 FIGG.
Best Diversifiers for FIGG
11 ETFs have low correlation with FIGG (below 0.3), 2 of which are negatively correlated. The least correlated is Leverage Shares 2X Long ASML Daily ETF (ASMG) (Leveraged Equities) with a 1Y correlation of -0.03, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long ASML Daily ETF | -0.03 | -0.03 | -0.03 | 86 | Leveraged Equities | FIGG vs ASMG | |
| GraniteShares 2x Long VRT Daily ETF | -0.01 | -0.01 | -0.01 | 87 | Leveraged Equities | FIGG vs VRTL | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.07 | 0.07 | 0.07 | 97 | Leveraged Equities, Semiconductors | FIGG vs SOXL | |
| GraniteShares 2x Long MRVL Daily ETF | 0.10 | 0.10 | 0.10 | 96 | Leveraged Equities | FIGG vs MVLL | |
| Direxion Daily AAPL Bull 2X Shares | 0.10 | 0.10 | — | 63 | Leveraged Equities | FIGG vs AAPU |
See all 12 diversifiers for FIGG
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