Looking to diversify beyond FNY? The ETFs below have the lowest correlation with FNY — 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 FNY.
Best Diversifiers for FNY
303 ETFs have low correlation with FNY (below 0.3), 40 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.24, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.24 | -0.04 | 0.10 | 55 | Oil & Gas | FNY vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.19 | -0.19 | 97 | Inflation-Protected Bonds | FNY vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | -0.02 | -0.02 | 98 | Inflation-Protected Bonds | FNY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.18 | 0.02 | 0.02 | 95 | Inflation-Protected Bonds | FNY vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.04 | -0.03 | 100 | Government Bonds, Ultrashort Bond | FNY vs USFR |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FNY
Add FNY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FNY