Looking to balance out your exposure to FBRT? The ETFs below have the lowest correlation with FBRT — they tend to move on their own, which can help reduce risk when FBRT drops. The stock ideas table highlights individual companies that behave independently from FBRT.
No Diversifiers Found for FBRT
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 FBRT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FBRT and solid risk/return profiles. The least correlated is Eagle Point Credit Company Inc. (ECCC) (Financial Services) with a 1Y correlation of 0.02, roughly unchanged from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eagle Point Credit Company Inc. | 0.02 | 0.10 | — | 82 | Financial Services | |
| TORM plc | 0.04 | 0.07 | — | 88 | Energy | |
| Ecopetrol S.A. | 0.08 | 0.21 | — | 93 | Energy | |
| ARMOUR Residential REIT, Inc. | 0.41 | 0.54 | — | 69 | Real Estate | |
| Ellington Financial Inc. | 0.46 | 0.63 | 0.61 | 71 | Real Estate |
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