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
2020 ETFs have low correlation with FAAA (below 0.3), 186 of which are negatively correlated. The least correlated is iShares GSCI Commodity Dynamic Roll Strategy ETF (COMT) (Commodities) with a 1Y correlation of -0.14, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.14 | -0.14 | -0.14 | 52 | Commodities | FAAA vs COMT | |
| abrdn Bloomberg All Commodity Longer Dated Strateg... | -0.14 | -0.14 | -0.14 | 55 | Commodities | FAAA vs BCD | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.13 | -0.13 | -0.13 | 57 | Commodities | FAAA vs PDBC | |
| Innovator Premium Income 30 Barrier ETF - April | -0.12 | -0.12 | -0.12 | 98 | Options Trading | FAAA vs APRJ | |
| DoubleLine Commodity Strategy ETF | -0.12 | -0.12 | -0.12 | 52 | Commodities | FAAA vs DCMT |
See all 2022 diversifiers for FAAA
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