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
348 ETFs have low correlation with FXD (below 0.3), 69 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.12 | 0.05 | 53 | Oil & Gas | FXD vs DBE | |
| United States Gasoline Fund LP | -0.32 | -0.10 | 0.05 | 78 | Oil & Gas | FXD vs UGA | |
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | — | — | 60 | Inverse Equities | FXD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 68 | Inverse Equities, Leveraged Equities | FXD vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.28 | -0.33 | -0.36 | 57 | Cryptocurrency | FXD vs BITI |
See all 1801 diversifiers for FXD
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FXD
Add FXD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FXD