Looking to diversify beyond FXO? The ETFs below have the lowest correlation with FXO — 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 FXO.
Best Diversifiers for FXO
575 ETFs have low correlation with FXO (below 0.3), 39 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | FXO vs RBIL | |
| United States Gasoline Fund LP | -0.17 | -0.02 | 0.11 | 55 | Oil & Gas | FXO vs UGA | |
| Direxion Daily NFLX Bear 1X Shares | -0.14 | -0.21 | -0.21 | 55 | Inverse Equities | FXO vs NFXS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | FXO vs CSHP | |
| VanEck Commodity Strategy ETF | -0.11 | 0.01 | — | 57 | Commodities | FXO vs PIT |
See all 1946 diversifiers for FXO
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Diversification Analysis
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