Looking to diversify beyond FINX? The ETFs below have the lowest correlation with FINX — 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 FINX.
Best Diversifiers for FINX
415 ETFs have low correlation with FINX (below 0.3), 64 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | -0.05 | 0.07 | 71 | Oil & Gas | FINX vs DBE | |
| United States Oil Fund LP | -0.20 | -0.03 | 0.07 | 66 | Oil & Gas | FINX vs USO | |
| United States 12 Month Oil Fund LP | -0.18 | -0.01 | 0.09 | 56 | Oil & Gas | FINX vs USL | |
| ProShares UltraShort Yen | -0.18 | -0.08 | -0.07 | 61 | Leveraged Currency | FINX vs YCS | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.18 | -0.01 | 0.09 | 55 | Oil & Gas | FINX vs OILK |
See all 2002 diversifiers for FINX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FINX
Add FINX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FINX