Looking to diversify beyond FSOL? The ETFs below have the lowest correlation with FSOL — 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 FSOL.
Best Diversifiers for FSOL
652 ETFs have low correlation with FSOL (below 0.3), 35 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.16, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.16 | -0.16 | -0.16 | 55 | Inverse Equities | FSOL vs NFXS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | -0.15 | -0.15 | 95 | Inflation-Protected Bonds | FSOL vs IBID | |
| iShares Diversified Commodity Swap UCITS ETF | -0.13 | -0.13 | -0.13 | 78 | Commodities | FSOL vs ISCMF | |
| United States Gasoline Fund LP | -0.11 | -0.11 | -0.11 | 55 | Oil & Gas | FSOL vs UGA | |
| Westwood Salient Enhanced Midstream Income ETF | -0.10 | -0.10 | — | 55 | Energy Equities | FSOL vs MDST |
See all 1911 diversifiers for FSOL
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Diversification Analysis
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