Looking to balance out your exposure to FAST? The ETFs below have the lowest correlation with FAST — they tend to move on their own, which can help reduce risk when FAST drops. The stock ideas table highlights individual companies that behave independently from FAST.
Best Diversifiers for FAST
4 ETFs have low correlation with FAST (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of 0.05, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | 0.05 | 0.17 | 0.33 | 70 | Leveraged Equities, Semiconductors | FAST vs USD | |
| Vanguard Information Technology ETF | 0.13 | 0.28 | 0.43 | 57 | Technology Equities | FAST vs VGT | |
| Invesco QQQ ETF | 0.21 | 0.32 | 0.45 | 58 | Nasdaq-100 | FAST vs QQQ | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.24 | 0.33 | — | 65 | Nasdaq-100, Derivative Income | FAST vs JEPQ | |
| iShares Core S&P 500 ETF | 0.30 | 0.43 | 0.55 | 66 | S&P 500 | FAST vs IVV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FAST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FAST and solid risk/return profiles. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.07, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.07 | -0.00 | 0.04 | 75 | Energy | |
| Cboe Global Markets, Inc. | -0.06 | -0.01 | 0.14 | 62 | Financial Services | |
| Datadog, Inc. | -0.03 | 0.11 | 0.23 | 81 | Technology | |
| Broadcom Inc. | -0.01 | 0.14 | 0.29 | 71 | Technology | |
| CrowdStrike Holdings, Inc. | 0.00 | 0.16 | 0.23 | 77 | Technology |
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Build a portfolio that complements FAST
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