Looking to diversify beyond FAAR? The ETFs below have the lowest correlation with FAAR — 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 FAAR.
Best Diversifiers for FAAR
1990 ETFs have low correlation with FAAR (below 0.3), 1610 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.31 | — | — | 52 | Global Bonds | FAAR vs AVGB | |
| Neos Enhanced Income Aggregate Bond ETF | -0.30 | -0.12 | — | 51 | Intermediate Core-Plus Bond | FAAR vs BNDI | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | -0.29 | — | — | 52 | Mortgage Backed Securities | FAAR vs PMBS | |
| John Hancock Mortgage Backed Securities ETF | -0.29 | -0.13 | -0.08 | 52 | Intermediate Core-Plus Bond | FAAR vs JHMB | |
| Invesco New York AMT-Free Municipal Bond ETF | -0.28 | -0.09 | -0.06 | 70 | Municipal Bonds | FAAR vs PZT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FAAR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FAAR and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.19, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.19 | -0.03 | -0.04 | 78 | Healthcare | |
| Monster Beverage Corporation | -0.18 | -0.08 | -0.06 | 93 | Consumer Defensive | |
| Alphabet Inc. Class A | -0.06 | 0.01 | 0.01 | 96 | Communication Services | |
| Applied Digital Corporation | -0.01 | 0.04 | 0.04 | 89 | Technology | |
| Sterling Infrastructure, Inc. | 0.02 | -0.01 | 0.02 | 93 | Industrials |
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