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
1518 ETFs have low correlation with FXF (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.58, roughly unchanged from -0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.58 | -0.57 | -0.55 | 75 | Leveraged Currency | FXF vs YCS | |
| TCW AAA CLO ETF | -0.32 | — | — | 99 | CLO | FXF vs ACLO | |
| United States Gasoline Fund LP | -0.24 | -0.14 | -0.03 | 72 | Oil & Gas | FXF vs UGA | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.17 | -0.09 | -0.09 | 60 | Inverse Equities, Leveraged Equities | FXF vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.17 | — | — | 53 | Inverse Equities | FXF vs SMST |
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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 Sabine Royalty Trust (SBR) (Energy) with a 1Y correlation of -0.07, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sabine Royalty Trust | -0.07 | -0.02 | 0.05 | 64 | Energy | |
| NVIDIA Corporation | -0.07 | -0.02 | 0.08 | 69 | Technology | |
| McKesson Corporation | -0.06 | -0.04 | 0.02 | 58 | Healthcare | |
| Waste Management, Inc. | -0.05 | 0.01 | 0.08 | 51 | Industrials | |
| Virtu Financial, Inc. | -0.05 | 0.03 | 0.08 | 81 | Financial Services |
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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