Looking to diversify beyond FXH? The ETFs below have the lowest correlation with FXH — 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 FXH.
Best Diversifiers for FXH
499 ETFs have low correlation with FXH (below 0.3), 63 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.14 | -0.03 | 66 | Oil & Gas | FXH vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.14 | -0.03 | 65 | Oil & Gas | FXH vs BNO | |
| Invesco DB Energy Fund | -0.31 | -0.14 | -0.02 | 71 | Oil & Gas | FXH vs DBE | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.30 | -0.12 | -0.01 | 55 | Oil & Gas | FXH vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.29 | -0.13 | -0.01 | 54 | Leveraged Commodities | FXH vs UCO |
See all 2107 diversifiers for FXH
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