Looking to diversify beyond FPXI? The ETFs below have historically moved differently from FPXI, 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 FPXI
519 ETFs have low correlation with FPXI (below 0.3), 90 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.34 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.34 | — | 51 | Cryptocurrency | FPXI vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.38 | — | — | 69 | Derivative Income | FPXI vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | -0.05 | -0.05 | 98 | Inflation-Protected Bonds | FPXI vs IBIC | |
| Invesco DB Energy Fund | -0.24 | -0.06 | 0.05 | 66 | Oil & Gas | FPXI vs DBE | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.24 | -0.13 | -0.10 | 51 | Nontraditional Bonds | FPXI vs RISR |
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