Looking to diversify beyond FTXH? The ETFs below have the lowest correlation with FTXH — 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 FTXH.
Best Diversifiers for FTXH
1174 ETFs have low correlation with FTXH (below 0.3), 49 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.29, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.29 | -0.15 | -0.01 | 72 | Oil & Gas | FTXH vs UGA | |
| ProShares UltraShort Yen | -0.27 | -0.13 | -0.10 | 75 | Leveraged Currency | FTXH vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.22 | -0.10 | 0.03 | 51 | Commodities | FTXH vs PDBC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | -0.15 | -0.15 | 97 | Inflation-Protected Bonds | FTXH vs RBIL | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | -0.08 | -0.04 | 67 | Commodities | FTXH vs FAAR |
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