Looking to diversify beyond FXD? The ETFs below have the lowest correlation with FXD — 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 FXD.
Best Diversifiers for FXD
383 ETFs have low correlation with FXD (below 0.3), 76 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.33, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.33 | -0.07 | 0.06 | 66 | Oil & Gas | FXD vs USO | |
| Invesco DB Energy Fund | -0.33 | -0.09 | 0.07 | 71 | Oil & Gas | FXD vs DBE | |
| United States 12 Month Oil Fund LP | -0.32 | -0.05 | 0.08 | 56 | Oil & Gas | FXD vs USL | |
| United States Brent Oil Fund LP | -0.31 | -0.07 | 0.06 | 65 | Oil & Gas | FXD vs BNO | |
| United States Gasoline Fund LP | -0.30 | -0.06 | 0.06 | 71 | Oil & Gas | FXD vs UGA |
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