Looking to balance out your exposure to FIS? The ETFs below have the lowest correlation with FIS — they tend to move on their own, which can help reduce risk when FIS drops. The stock ideas table highlights individual companies that behave independently from FIS.
Best Diversifiers for FIS
7 ETFs have low correlation with FIS (below 0.3), 1 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of -0.04, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | -0.04 | 0.09 | 0.26 | 96 | Semiconductors, Technology Equities | FIS vs SMH | |
| iShares Core MSCI Emerging Markets ETF | 0.10 | 0.22 | 0.34 | 79 | Emerging Markets Diversified | FIS vs IEMG | |
| Invesco QQQ ETF | 0.16 | 0.20 | 0.36 | 73 | Nasdaq-100 | FIS vs QQQ | |
| Vanguard FTSE Developed Markets ETF | 0.18 | 0.32 | 0.44 | 59 | Foreign Large Cap Equities | FIS vs VEA | |
| iShares Russell 2000 ETF | 0.25 | 0.37 | 0.47 | 62 | Small Cap Blend Equities | FIS vs IWM |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FIS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FIS and solid risk/return profiles. The least correlated is Suncor Energy Inc. (SU) (Energy) with a 1Y correlation of -0.14, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Suncor Energy Inc. | -0.14 | 0.09 | 0.17 | 95 | Energy | |
| NVIDIA Corporation | -0.11 | 0.03 | 0.20 | 78 | Technology | |
| ASE Technology Holding Co., Ltd. | -0.09 | 0.08 | 0.20 | 99 | Technology | |
| Bloom Energy Corporation | -0.09 | 0.12 | 0.23 | 99 | Industrials | |
| Celestica Inc. | -0.08 | 0.07 | 0.20 | 94 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FIS
Add FIS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIS