Looking to diversify beyond FYX? The ETFs below have the lowest correlation with FYX — 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 FYX.
Best Diversifiers for FYX
295 ETFs have low correlation with FYX (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.21, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.21 | -0.10 | -0.05 | 63 | Leveraged Currency | FYX vs YCS | |
| United States Gasoline Fund LP | -0.20 | -0.01 | 0.13 | 55 | Oil & Gas | FYX vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | FYX vs RBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | FYX vs USFR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | FYX vs IBIC |
See all 1944 diversifiers for FYX
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