Looking to diversify beyond FBY? The ETFs below have the lowest correlation with FBY — 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 FBY.
Best Diversifiers for FBY
728 ETFs have low correlation with FBY (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.17 | — | — | 61 | Leveraged Currency | FBY vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.16 | — | — | 98 | Ultrashort Bond | FBY vs BAMU | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | FBY vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | — | — | 97 | Inflation-Protected Bonds | FBY vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | — | — | 100 | Ultrashort Bond | FBY vs SGOV |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FBY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FBY and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of 0.00, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | 0.00 | 0.07 | 0.07 | 82 | Energy | |
| Orchid Island Capital, Inc. | 0.23 | — | — | 60 | Real Estate |
Build a portfolio that complements FBY
Add FBY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FBY