Looking to balance out your exposure to FABC? The ETFs below have the lowest correlation with FABC — they tend to move on their own, which can help reduce risk when FABC drops. The stock ideas table highlights individual companies that behave independently from FABC.
Best Diversifiers for FABC
1 ETFs have low correlation with FABC (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.28, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.28 | 0.18 | 0.26 | 94 | Semiconductors, Technology Equities | FABC vs SMH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FABC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FABC and solid risk/return profiles. The least correlated is Powell Industries, Inc. (POWL) (Industrials) with a 1Y correlation of 0.14, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Powell Industries, Inc. | 0.14 | 0.08 | 0.12 | 98 | Industrials |
Build a portfolio that complements FABC
Add FABC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FABC