Looking to balance out your exposure to FSP? The ETFs below have the lowest correlation with FSP — they tend to move on their own, which can help reduce risk when FSP drops. The stock ideas table highlights individual companies that behave independently from FSP.
Best Diversifiers for FSP
1 ETFs have low correlation with FSP (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.13, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.13 | 0.19 | 0.23 | 63 | Technology Equities | FSP vs VGT |
Diversification Analysis
Build a portfolio that complements FSP
Add FSP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSP