Looking to diversify beyond FPXE? The ETFs below have historically moved differently from FPXE, 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 FPXE
323 ETFs have low correlation with FPXE (below 0.3), 66 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.41 | — | — | 58 | Derivative Income | FPXE vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.08 | 0.06 | 54 | Oil & Gas | FPXE vs DBE | |
| ProShares UltraShort Yen | -0.26 | -0.14 | -0.13 | 56 | Leveraged Currency | FPXE vs YCS | |
| United States Gasoline Fund, LP | -0.24 | -0.07 | 0.06 | 72 | Oil & Gas | FPXE vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | -0.01 | -0.01 | 98 | Inflation-Protected Bonds | FPXE vs IBIC |
See all 2121 diversifiers for FPXE
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