Looking to balance out your exposure to FCEL? The ETFs below have the lowest correlation with FCEL — they tend to move on their own, which can help reduce risk when FCEL drops. The stock ideas table highlights individual companies that behave independently from FCEL.
Best Diversifiers for FCEL
1 ETFs have low correlation with FCEL (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.26, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.26 | 0.29 | 0.33 | 80 | Dividend | FCEL vs SCHD | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.33 | 0.41 | 70 | S&P 500 | FCEL vs SPY | |
| Vanguard S&P 500 ETF | 0.39 | 0.33 | 0.42 | 70 | S&P 500 | FCEL vs VOO | |
| Vanguard Information Technology ETF | 0.40 | 0.31 | 0.41 | 76 | Technology Equities | FCEL vs VGT | |
| Schwab U.S. Small-Cap ETF | 0.46 | 0.47 | 0.55 | 71 | Small Cap Blend Equities | FCEL vs SCHA |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCEL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCEL and solid risk/return profiles. The least correlated is Intel Corporation (INTC) (Technology) with a 1Y correlation of 0.16, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Intel Corporation | 0.16 | 0.23 | 0.31 | 98 | Technology | |
| Nebius Group N.V. | 0.39 | — | — | 97 | Communication Services | |
| Bloom Energy Corporation | 0.51 | 0.50 | 0.60 | 99 | Industrials | |
| Plug Power Inc. | 0.66 | 0.62 | 0.70 | 90 | Industrials |
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