Looking to balance out your exposure to FBP? The ETFs below have the lowest correlation with FBP — they tend to move on their own, which can help reduce risk when FBP drops. The stock ideas table highlights individual companies that behave independently from FBP.
No Diversifiers Found for FBP
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FBP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FBP and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.47, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.47 | 0.56 | 0.59 | 59 | Financial Services | |
| Popular, Inc. | 0.82 | 0.82 | 0.82 | 82 | Financial Services |
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