Looking to diversify beyond FEGE? The ETFs below have the lowest correlation with FEGE — 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 FEGE.
Best Diversifiers for FEGE
247 ETFs have low correlation with FEGE (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | — | — | 63 | Leveraged Currency | FEGE vs YCS | |
| United States Gasoline Fund LP | -0.21 | — | — | 55 | Oil & Gas | FEGE vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | FEGE vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | FEGE vs IBIC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | — | — | 100 | Government Bonds, Ultrashort Bond | FEGE vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FEGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FEGE and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of 0.29, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | 0.29 | 0.34 | 0.34 | 72 | Technology | |
| Micron Technology, Inc. | 0.34 | 0.41 | 0.41 | 99 | Technology | |
| Amazon.com, Inc | 0.38 | 0.41 | 0.41 | 54 | Consumer Cyclical | |
| Bank of America Corporation | 0.39 | — | — | 74 | Financial Services |
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