Looking to diversify beyond FDIG? The ETFs below have the lowest correlation with FDIG — 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 FDIG.
Best Diversifiers for FDIG
398 ETFs have low correlation with FDIG (below 0.3), 46 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 98 | Ultrashort Bond | FDIG vs BAMU | |
| ProShares UltraShort Yen | -0.18 | -0.04 | -0.08 | 63 | Leveraged Currency | FDIG vs YCS | |
| Direxion Daily NFLX Bear 1X Shares | -0.17 | — | — | 55 | Inverse Equities | FDIG vs NFXS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | -0.02 | -0.02 | 98 | Inflation-Protected Bonds | FDIG vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | — | — | 97 | Inflation-Protected Bonds | FDIG vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FDIG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FDIG and solid risk/return profiles. The least correlated is Arista Networks, Inc. (ANET) (Technology) with a 1Y correlation of 0.41, roughly unchanged from 0.41 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arista Networks, Inc. | 0.42 | 0.41 | — | 79 | Technology | |
| NVIDIA Corporation | 0.43 | 0.41 | — | 72 | Technology | |
| Amazon.com, Inc | 0.44 | 0.42 | — | 54 | Consumer Cyclical | |
| Marvell Technology, Inc. | 0.45 | 0.44 | — | 96 | Technology | |
| Central Securities Corp. | 0.48 | 0.46 | 0.51 | 78 | Financial Services |
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