Looking to diversify beyond FELV? The ETFs below have the lowest correlation with FELV — 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 FELV.
Best Diversifiers for FELV
276 ETFs have low correlation with FELV (below 0.3), 28 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.21, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.21 | -0.06 | -0.06 | 55 | Oil & Gas | FELV vs UGA | |
| ProShares UltraShort Yen | -0.21 | — | — | 63 | Leveraged Currency | FELV vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | FELV vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | FELV vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | — | — | 100 | Government Bonds, Ultrashort Bond | FELV vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FELV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FELV and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of 0.05, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | 0.05 | 0.22 | 0.22 | 74 | Consumer Defensive | |
| Johnson & Johnson | 0.12 | 0.27 | 0.27 | 96 | Healthcare | |
| Pfizer Inc. | 0.38 | 0.40 | 0.40 | 56 | Healthcare |
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