Looking to diversify beyond FIXP? The ETFs below have the lowest correlation with FIXP — 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 FIXP.
Best Diversifiers for FIXP
454 ETFs have low correlation with FIXP (below 0.3), 77 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.30 | — | — | 53 | Oil & Gas | FIXP vs DBE | |
| Invesco DB US Dollar Index Bullish Fund | -0.29 | — | — | 51 | Currency | FIXP vs UUP | |
| ProShares UltraShort Yen | -0.25 | — | — | 72 | Leveraged Currency | FIXP vs YCS | |
| United States Gasoline Fund LP | -0.25 | — | — | 78 | Oil & Gas | FIXP vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.13 | -0.13 | 51 | Commodities | FIXP vs GSG |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FIXP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FIXP and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Darling Ingredients Inc. | 0.07 | — | — | 87 | Consumer Defensive | |
| Comfort Systems USA, Inc. | 0.15 | — | — | 98 | Industrials | |
| NVIDIA Corporation | 0.16 | — | — | 65 | Technology | |
| Micron Technology, Inc. | 0.17 | — | — | 99 | Technology | |
| Sandisk Corporation | 0.19 | — | — | 100 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FIXP
Add FIXP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIXP