Looking to diversify beyond FISR? The ETFs below have the lowest correlation with FISR — 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 FISR.
Best Diversifiers for FISR
829 ETFs have low correlation with FISR (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.48 | -0.46 | -0.49 | 61 | Leveraged Currency | FISR vs YCS | |
| Fidelity Managed Futures ETF | -0.33 | — | — | 64 | Systematic Trend | FISR vs FFUT | |
| VanEck Commodity Strategy ETF | -0.31 | -0.12 | — | 55 | Commodities | FISR vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.12 | -0.11 | 70 | Commodities | FISR vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.27 | -0.15 | -0.15 | 50 | Commodities | FISR vs CERY |
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