Looking to diversify beyond FCLD? The ETFs below have the lowest correlation with FCLD — 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 FCLD.
Best Diversifiers for FCLD
525 ETFs have low correlation with FCLD (below 0.3), 58 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.15, down from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.15 | 0.09 | — | 70 | Dividend, Large Cap Value Equities | FCLD vs HDV | |
| United States Gasoline Fund LP | -0.13 | -0.01 | — | 55 | Oil & Gas | FCLD vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.11 | — | — | 98 | Ultrashort Bond | FCLD vs BAMU | |
| Tortoise North American Pipeline Fund | -0.11 | 0.17 | — | 60 | Energy Equities | FCLD vs TPYP | |
| VanEck Energy Income ETF | -0.10 | 0.18 | — | 64 | Energy Equities | FCLD vs EINC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCLD and solid risk/return profiles. The least correlated is Red Cat Holdings, Inc. (RCAT) (Industrials) with a 1Y correlation of 0.26, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Red Cat Holdings, Inc. | 0.26 | 0.25 | 0.26 | 59 | Industrials | |
| AST SpaceMobile, Inc. | 0.27 | 0.34 | 0.39 | 60 | Technology | |
| Rocket Lab USA, Inc. | 0.34 | 0.48 | 0.53 | 87 | Industrials | |
| Intuitive Machines Inc. | 0.35 | 0.36 | 0.25 | 75 | Industrials | |
| IonQ, Inc. | 0.40 | 0.48 | — | 58 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FCLD
Add FCLD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FCLD