Looking to diversify beyond FPEI? The ETFs below have the lowest correlation with FPEI — 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 FPEI.
Best Diversifiers for FPEI
198 ETFs have low correlation with FPEI (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.14 | -0.14 | 63 | Leveraged Currency | FPEI vs YCS | |
| United States Gasoline Fund LP | -0.28 | -0.04 | 0.06 | 55 | Oil & Gas | FPEI vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | FPEI vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | 0.06 | 0.06 | 98 | Inflation-Protected Bonds | FPEI vs IBIC | |
| VanEck Commodity Strategy ETF | -0.15 | -0.00 | 0.04 | 57 | Commodities | FPEI vs PIT |
See all 1949 diversifiers for FPEI
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Diversification Analysis
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