Looking to diversify beyond FXI? The ETFs below have the lowest correlation with FXI — 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 FXI.
Best Diversifiers for FXI
473 ETFs have low correlation with FXI (below 0.3), 40 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.16 | -0.11 | 63 | Leveraged Currency | FXI vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | 0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | FXI vs USFR | |
| United States Gasoline Fund LP | -0.11 | 0.06 | 0.08 | 55 | Oil & Gas | FXI vs UGA | |
| Texas Capital Government Money Market ETF | -0.11 | — | — | 100 | Money Market | FXI vs MMKT | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.05 | 0.02 | 100 | Government Bonds, Ultrashort Bond | FXI vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FXI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FXI and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.13, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.13 | 0.06 | 0.02 | 62 | Utilities | |
| Chubb Limited | -0.12 | 0.02 | 0.09 | 69 | Financial Services | |
| Altria Group, Inc. | -0.11 | 0.06 | 0.06 | 72 | Consumer Defensive | |
| The Southern Company | -0.10 | 0.08 | 0.04 | 55 | Utilities | |
| The Coca-Cola Company | -0.06 | 0.08 | 0.08 | 74 | Consumer Defensive |
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Build a portfolio that complements FXI
Add FXI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FXI