Looking to diversify beyond FXN? The ETFs below have the lowest correlation with FXN — 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 FXN.
Best Diversifiers for FXN
1991 ETFs have low correlation with FXN (below 0.3), 957 of which are negatively correlated. The least correlated is Invesco BulletShares 2032 Municipal Bond ETF (BSMW) (Municipal Bonds) with a 1Y correlation of -0.30, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2032 Municipal Bond ETF | -0.30 | -0.09 | — | 64 | Municipal Bonds | FXN vs BSMW | |
| Avantis Credit ETF | -0.27 | — | — | 50 | Global Bonds | FXN vs AVGB | |
| BNY Mellon Ultra Short Income ETF | -0.25 | -0.12 | — | 99 | Ultrashort Bond | FXN vs BKUI | |
| MFS Active Intermediate Muni Bond ETF | -0.25 | — | — | 77 | Municipal Bonds | FXN vs MFSM | |
| Fidelity Municipal Bond Opportunities ETF | -0.25 | — | — | 77 | Municipal Bonds | FXN vs FMUB |
See all 2070 diversifiers for FXN
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