Looking to diversify beyond FSCS? The ETFs below have the lowest correlation with FSCS — 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 FSCS.
Best Diversifiers for FSCS
5 ETFs have low correlation with FSCS (below 0.3), 5 of which are negatively correlated. The least correlated is MarketDesk Focused U.S. Momentum ETF (FMTM) (Momentum) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MarketDesk Focused U.S. Momentum ETF | -1.00 | -1.00 | -1.00 | 84 | Momentum, Large Cap Growth Equities | FSCS vs FMTM | |
| Invesco DB Energy Fund | -0.26 | -0.04 | 0.13 | 71 | Oil & Gas | FSCS vs DBE | |
| United States 12 Month Oil Fund LP | -0.25 | -0.01 | 0.14 | 56 | Oil & Gas | FSCS vs USL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.24 | -0.01 | 0.13 | 55 | Oil & Gas | FSCS vs OILK | |
| United States Oil Fund LP | -0.24 | -0.02 | 0.12 | 66 | Oil & Gas | FSCS vs USO |
See all 24 diversifiers for FSCS
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