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
345 ETFs have low correlation with FBOT (below 0.3), 43 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.47, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | -0.48 | -0.48 | 51 | Derivative Income | FBOT vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | FBOT vs RBIL | |
| United States Gasoline Fund LP | -0.23 | -0.05 | — | 60 | Oil & Gas | FBOT vs UGA | |
| ProShares UltraShort Yen | -0.18 | -0.08 | — | 73 | Leveraged Currency | FBOT vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | FBOT vs IBIC |
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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 0.31, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.31 | 0.36 | 0.36 | 88 | Technology | |
| Delta Air Lines, Inc. | 0.53 | 0.51 | 0.52 | 88 | Industrials | |
| NVIDIA Corporation | 0.58 | 0.63 | — | 70 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.65 | 0.68 | — | 93 | Technology |
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