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
1902 ETFs have low correlation with FAAR (below 0.3), 1587 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.30 | — | — | 57 | Global Bonds | FAAR vs AVGB | |
| PIMCO Mortgage-Backed Securities Active Exchange-T... | -0.27 | — | — | 52 | Mortgage Backed Securities | FAAR vs PMBS | |
| Invesco New York AMT-Free Municipal Bond ETF | -0.27 | -0.09 | -0.07 | 65 | Municipal Bonds | FAAR vs PZT | |
| iShares Investment Grade Corporate Bond Buywrite S... | -0.27 | -0.07 | — | 61 | Corporate Bonds | FAAR vs LQDW | |
| Invesco BulletShares 2031 Municipal Bond ETF | -0.26 | -0.05 | — | 62 | Municipal Bonds | FAAR vs BSMV |
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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 -0.18, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.18 | -0.03 | -0.04 | 75 | Healthcare | |
| Monster Beverage Corporation | -0.17 | -0.08 | -0.05 | 86 | Consumer Defensive | |
| Alphabet Inc. Class A | -0.06 | 0.01 | 0.01 | 96 | Communication Services | |
| Applied Digital Corporation | -0.03 | 0.04 | 0.04 | 93 | Technology | |
| Sterling Infrastructure, Inc. | -0.01 | -0.02 | 0.02 | 96 | Industrials |
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