Looking to diversify beyond FCG? The ETFs below have the lowest correlation with FCG — 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 FCG.
Best Diversifiers for FCG
1980 ETFs have low correlation with FCG (below 0.3), 1548 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.35 | — | — | 54 | Global Bonds | FCG vs AVGB | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.31 | -0.11 | — | 71 | Municipal Bonds | FCG vs BSMW | |
| Avantis Short-Term Fixed Income ETF | -0.30 | -0.10 | -0.05 | 69 | Short-Term Bond | FCG vs AVSF | |
| AB Short Duration Income ETF | -0.29 | — | — | 82 | Short-Term Bond | FCG vs SDFI | |
| Invesco BulletShares 2034 Municipal Bond ETF | -0.29 | — | — | 74 | Municipal Bonds | FCG vs BSMY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCG and solid risk/return profiles. The least correlated is Hubbell Incorporated (HUBB) (Industrials) with a 1Y correlation of -0.01, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Hubbell Incorporated | -0.01 | 0.17 | 0.25 | 63 | Industrials | |
| Northwest Natural Holding Company | 0.03 | 0.13 | 0.17 | 78 | Utilities | |
| Viking Therapeutics, Inc. | 0.05 | 0.13 | 0.14 | 58 | Healthcare | |
| Global Net Lease, Inc. | 0.08 | 0.20 | 0.29 | 84 | Real Estate | |
| TechnipFMC plc | 0.43 | 0.55 | 0.65 | 96 | Energy |
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Build a portfolio that complements FCG
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