Looking to diversify beyond FXI? The ETFs below have historically moved differently from FXI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FXI
712 ETFs have low correlation with FXI (below 0.3), 52 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.34 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FXI vs SBIT | |
| ProShares Short Bitcoin ETF | -0.34 | -0.20 | — | 61 | Cryptocurrency | FXI vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 61 | Inverse Equities, Leveraged Equities | FXI vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 52 | Inverse Equities | FXI vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.30 | — | — | 75 | Derivative Income | FXI vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FXI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.17, down from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.17 | 0.02 | 0.02 | 56 | Utilities | |
| Chubb Limited | -0.15 | 0.02 | 0.09 | 89 | Financial Services | |
| Altria Group, Inc. | -0.14 | 0.04 | 0.05 | 66 | Consumer Defensive | |
| The Coca-Cola Company | -0.05 | 0.07 | 0.08 | 90 | Consumer Defensive | |
| Evergy, Inc. | -0.04 | 0.07 | 0.06 | 81 | Utilities |
To view more results, upgrade your current subscription plan.
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