Looking to diversify beyond FILG? The ETFs below have the lowest correlation with FILG — 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 FILG.
Best Diversifiers for FILG
1 ETFs have low correlation with FILG (below 0.3), 1 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, down from -0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.28 | — | 53 | Cryptocurrency | FILG vs BITI | |
| Grayscale Zcash Trust (ZEC) | 0.41 | 0.26 | — | 95 | Cryptocurrency | FILG vs ZCSH |
Diversification Analysis
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