Looking to diversify beyond FELC? The ETFs below have the lowest correlation with FELC — 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 FELC.
Best Diversifiers for FELC
297 ETFs have low correlation with FELC (below 0.3), 35 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | FELC vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | FELC vs RBIL | |
| ProShares UltraShort Yen | -0.18 | — | — | 61 | Leveraged Currency | FELC vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | FELC vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | FELC vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FELC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FELC and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.21, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.21 | -0.07 | -0.07 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.18 | 0.03 | 0.03 | 68 | Energy | |
| Duke Energy Corporation | -0.17 | -0.07 | -0.07 | 62 | Utilities | |
| The Coca-Cola Company | -0.16 | -0.01 | -0.01 | 74 | Consumer Defensive | |
| ConocoPhillips Company | -0.15 | 0.03 | 0.03 | 61 | Energy |
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Build a portfolio that complements FELC
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Analyze a portfolio with FELC