Looking to diversify beyond FPXI? The ETFs below have the lowest correlation with FPXI — 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 FPXI.
Best Diversifiers for FPXI
380 ETFs have low correlation with FPXI (below 0.3), 62 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.05 | 0.06 | 71 | Oil & Gas | FPXI vs DBE | |
| United States Oil Fund LP | -0.31 | -0.04 | 0.06 | 66 | Oil & Gas | FPXI vs USO | |
| United States Brent Oil Fund LP | -0.30 | -0.03 | 0.06 | 65 | Oil & Gas | FPXI vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | — | — | 56 | Derivative Income | FPXI vs USOY | |
| Invesco DB Oil Fund | -0.26 | -0.01 | 0.07 | 65 | Oil & Gas | FPXI vs DBO |
See all 2105 diversifiers for FPXI
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