Looking to diversify beyond FXF? The ETFs below have the lowest correlation with FXF — 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 FXF.
Best Diversifiers for FXF
1450 ETFs have low correlation with FXF (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.59, roughly unchanged from -0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.59 | -0.57 | -0.55 | 61 | Leveraged Currency | FXF vs YCS | |
| TCW AAA CLO ETF | -0.30 | -0.33 | -0.33 | 99 | CLO | FXF vs ACLO | |
| Fidelity Managed Futures ETF | -0.16 | — | — | 64 | Systematic Trend | FXF vs FFUT | |
| Breakwave Tanker Shipping ETF | -0.11 | -0.06 | — | 98 | Commodities | FXF vs BWET | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | — | — | 97 | Inflation-Protected Bonds | FXF vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FXF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FXF and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.05, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.05 | -0.02 | 0.08 | 76 | Technology | |
| Virtu Financial, Inc. | -0.03 | 0.04 | 0.08 | 77 | Financial Services | |
| Chubb Limited | 0.00 | 0.00 | 0.07 | 68 | Financial Services | |
| Johnson & Johnson | 0.09 | 0.14 | 0.14 | 95 | Healthcare | |
| Amazon.com, Inc | 0.13 | 0.01 | 0.08 | 52 | Consumer Cyclical |
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Build a portfolio that complements FXF
Add FXF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FXF