Looking to diversify beyond FIXD? The ETFs below have historically moved differently from FIXD, 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 FIXD
525 ETFs have low correlation with FIXD (below 0.3), 110 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.47 | -0.50 | 56 | Leveraged Currency | FIXD vs YCS | |
| Invesco DB Energy Fund | -0.44 | -0.25 | -0.15 | 72 | Oil & Gas | FIXD vs DBE | |
| United States Brent Oil Fund LP | -0.43 | -0.24 | -0.16 | 52 | Oil & Gas | FIXD vs BNO | |
| United States Oil Fund LP | -0.41 | -0.24 | -0.15 | 55 | Oil & Gas | FIXD vs USO | |
| Invesco DB Oil Fund | -0.40 | -0.23 | -0.15 | 58 | Oil & Gas | FIXD vs DBO |
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