Looking to diversify beyond FBOT? The ETFs below have the lowest correlation with FBOT — 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 FBOT.
Best Diversifiers for FBOT
405 ETFs have low correlation with FBOT (below 0.3), 84 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.30 | — | — | 66 | Oil & Gas | FBOT vs USO | |
| Invesco DB Energy Fund | -0.29 | — | — | 71 | Oil & Gas | FBOT vs DBE | |
| United States Brent Oil Fund LP | -0.28 | — | — | 65 | Oil & Gas | FBOT vs BNO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 98 | Inflation-Protected Bonds | FBOT vs RBIL | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | FBOT vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FBOT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FBOT and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.34, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.34 | 0.41 | 0.41 | 89 | Technology | |
| Delta Air Lines, Inc. | 0.54 | 0.52 | 0.52 | 80 | Industrials | |
| NVIDIA Corporation | 0.56 | — | — | 78 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.64 | — | — | 95 | Technology |
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