Looking to balance out your exposure to FIS? The ETFs below have historically moved differently from FIS, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FIS
8 ETFs have low correlation with FIS (below 0.3), 2 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of -0.18, down from 0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | -0.18 | 0.04 | 0.22 | 87 | Semiconductors, Technology Equities | FIS vs SMH | |
| iShares Core MSCI Emerging Markets ETF | -0.03 | 0.17 | 0.31 | 60 | Emerging Markets Equities | FIS vs IEMG | |
| Vanguard FTSE Developed Markets ETF | 0.06 | 0.28 | 0.41 | 75 | Foreign Large Cap Equities | FIS vs VEA | |
| iShares MSCI EAFE ETF | 0.13 | 0.31 | 0.42 | 68 | Foreign Large Cap Equities | FIS vs EFA | |
| Vanguard S&P 500 ETF | 0.15 | 0.31 | 0.44 | 68 | S&P 500 | FIS vs VOO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FIS, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Eaton Corporation plc (ETN) (Industrials) with a 1Y correlation of -0.25, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eaton Corporation plc | -0.25 | 0.05 | 0.19 | 53 | Industrials | |
| ASE Technology Holding Co., Ltd. | -0.20 | 0.04 | 0.16 | 98 | Technology | |
| Vertiv Holdings Co. | -0.18 | 0.03 | 0.20 | 76 | Industrials | |
| Ciena Corporation | -0.17 | 0.06 | 0.20 | 97 | Technology | |
| Coherent Corp. | -0.17 | 0.05 | 0.21 | 87 | 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