Looking to balance out your exposure to F? The ETFs below have the lowest correlation with F — they tend to move on their own, which can help reduce risk when F drops. The stock ideas table highlights individual companies that behave independently from F.
Best Diversifiers for F
82 ETFs have low correlation with F (below 0.3), 14 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.02 | 0.09 | 66 | Oil & Gas | F vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.28 | -0.00 | 0.11 | 54 | Leveraged Commodities | F vs UCO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.24 | 0.01 | 0.12 | 76 | Commodities | F vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.24 | 0.02 | 0.13 | 76 | Commodities | F vs DBC | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | F vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from F, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to F and solid risk/return profiles. The least correlated is BP p.l.c. (BP) (Energy) with a 1Y correlation of -0.14, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP p.l.c. | -0.14 | 0.15 | 0.28 | 89 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.13 | 0.09 | 0.15 | 88 | Energy | |
| Chevron Corporation | -0.11 | 0.19 | 0.27 | 84 | Energy | |
| ONEOK, Inc. | -0.10 | 0.21 | 0.35 | 58 | Energy | |
| Exxon Mobil Corporation | -0.10 | 0.19 | 0.28 | 86 | Energy |
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Build a portfolio that complements F
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