Looking to diversify beyond FDV? The ETFs below have the lowest correlation with FDV — 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 FDV.
Best Diversifiers for FDV
1823 ETFs have low correlation with FDV (below 0.3), 1445 of which are negatively correlated. The least correlated is Pacer Nasdaq International Patent Leaders ETF (PATN) (Foreign Large Cap Equities) with a 1Y correlation of -0.75, roughly unchanged from -0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Nasdaq International Patent Leaders ETF | -0.75 | -0.75 | -0.75 | 81 | Foreign Large Cap Equities | FDV vs PATN | |
| iShares Global Tech ETF | -0.73 | -0.73 | -0.73 | 64 | Technology Equities | FDV vs IXN | |
| Invesco AI and Next Gen Software ETF | -0.73 | -0.73 | -0.73 | 85 | Technology Equities | FDV vs IGPT | |
| Global X Information Technology Covered Call & Gro... | -0.73 | -0.73 | -0.73 | 67 | Derivative Income | FDV vs TYLG | |
| Franklin FTSE Taiwan ETF | -0.73 | -0.73 | -0.73 | 92 | Taiwan Equities, Asia Pacific Equities | FDV vs FLTW |
See all 2023 diversifiers for FDV
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