Looking to diversify beyond FXP? The ETFs below have the lowest correlation with FXP — 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 FXP.
Best Diversifiers for FXP
2107 ETFs have low correlation with FXP (below 0.3), 2049 of which are negatively correlated. The least correlated is Invesco FTSE RAFI Emerging Markets ETF (PXH) (Emerging Markets Equities) with a 1Y correlation of -0.79, roughly unchanged from -0.80 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE RAFI Emerging Markets ETF | -0.79 | -0.84 | -0.80 | 71 | Emerging Markets Equities | FXP vs PXH | |
| Schwab Fundamental Emerging Markets Large Company ... | -0.74 | -0.81 | -0.78 | 72 | Emerging Markets Equities | FXP vs FNDE | |
| SPDR Portfolio Emerging Markets ETF | -0.74 | -0.79 | -0.83 | 57 | Emerging Markets Equities | FXP vs SPEM | |
| Vanguard FTSE Emerging Markets ETF | -0.74 | -0.80 | -0.83 | 56 | Emerging Markets Equities | FXP vs VWO | |
| Schwab Emerging Markets Equity ETF | -0.73 | -0.80 | -0.84 | 54 | Emerging Markets Equities | FXP vs SCHE |
See all 2107 diversifiers for FXP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FXP
Add FXP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FXP