Looking to diversify beyond FSZ? The ETFs below have the lowest correlation with FSZ — 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 FSZ.
Best Diversifiers for FSZ
338 ETFs have low correlation with FSZ (below 0.3), 79 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.31 | -0.24 | 61 | Leveraged Currency | FSZ vs YCS | |
| Invesco DB Energy Fund | -0.37 | -0.17 | -0.01 | 71 | Oil & Gas | FSZ vs DBE | |
| United States Brent Oil Fund LP | -0.36 | -0.16 | -0.01 | 65 | Oil & Gas | FSZ vs BNO | |
| United States Oil Fund LP | -0.35 | -0.16 | -0.00 | 66 | Oil & Gas | FSZ vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.32 | — | — | 56 | Derivative Income | FSZ vs USOY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FSZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FSZ and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of 0.19, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | 0.19 | 0.20 | 0.21 | 92 | Healthcare |
Build a portfolio that complements FSZ
Add FSZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSZ