Looking to diversify beyond FAAA? The ETFs below have the lowest correlation with FAAA — 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 FAAA.
Best Diversifiers for FAAA
2063 ETFs have low correlation with FAAA (below 0.3), 151 of which are negatively correlated. The least correlated is ProShares Ultra Bloomberg Crude Oil (UCO) (Leveraged Commodities) with a 1Y correlation of -0.21, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | -0.21 | -0.21 | -0.21 | 54 | Leveraged Commodities | FAAA vs UCO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | -0.18 | -0.18 | 71 | Commodities | FAAA vs GSG | |
| United States 12 Month Oil Fund LP | -0.17 | -0.17 | -0.17 | 56 | Oil & Gas | FAAA vs USL | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.17 | -0.17 | -0.17 | 74 | Commodities | FAAA vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.16 | -0.16 | -0.16 | 75 | Commodities | FAAA vs DBC |
See all 2075 diversifiers for FAAA
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