Looking to diversify beyond FCEF? The ETFs below have the lowest correlation with FCEF — 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 FCEF.
Best Diversifiers for FCEF
292 ETFs have low correlation with FCEF (below 0.3), 27 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | FCEF vs RBIL | |
| ProShares UltraShort Yen | -0.23 | -0.15 | -0.10 | 61 | Leveraged Currency | FCEF vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | FCEF vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | FCEF vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.02 | -0.01 | 100 | Government Bonds, Ultrashort Bond | FCEF vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCEF and solid risk/return profiles. The least correlated is Trinity Capital Inc. (TRIN) (Financial Services) with a 1Y correlation of 0.35, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Trinity Capital Inc. | 0.35 | 0.40 | 0.40 | 88 | Financial Services |
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