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
62 ETFs have low correlation with F (below 0.3), 11 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.19, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.19 | 0.01 | 0.12 | 57 | Commodities | F vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.19 | 0.02 | 0.13 | 56 | Commodities | F vs DBC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | F vs USFR | |
| Alerian MLP ETF | -0.12 | 0.20 | 0.34 | 56 | MLPs | F vs AMLP | |
| iShares Global Energy ETF | -0.11 | 0.21 | 0.32 | 65 | Energy Equities | F vs IXC |
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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 Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.18, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.18 | 0.05 | 0.14 | 56 | Industrials | |
| Chevron Corporation | -0.16 | 0.16 | 0.26 | 74 | Energy | |
| Enterprise Products Partners L.P. | -0.15 | 0.16 | 0.29 | 87 | Energy | |
| Exxon Mobil Corporation | -0.15 | 0.16 | 0.26 | 78 | Energy | |
| Chord Energy Corp | -0.15 | 0.17 | 0.27 | 65 | Energy |
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