Looking to balance out your exposure to FERG? The ETFs below have the lowest correlation with FERG — they tend to move on their own, which can help reduce risk when FERG drops. The stock ideas table highlights individual companies that behave independently from FERG.
Best Diversifiers for FERG
5 ETFs have low correlation with FERG (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco BulletShares 2027 Municipal Bond ETF (BSMR) (Municipal Bonds) with a 1Y correlation of 0.10, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2027 Municipal Bond ETF | 0.10 | 0.17 | 0.10 | 93 | Municipal Bonds | FERG vs BSMR | |
| Invesco BulletShares 2029 Municipal Bond ETF | 0.11 | 0.20 | 0.13 | 80 | Municipal Bonds | FERG vs BSMT | |
| Franklin Liberty Federal Intermediate Tax-Free Bon... | 0.14 | 0.13 | 0.11 | 76 | Municipal Bonds | FERG vs FLMI | |
| Invesco BulletShares 2028 Municipal Bond ETF | 0.20 | 0.20 | 0.12 | 80 | Municipal Bonds | FERG vs BSMS | |
| Invesco BulletShares 2030 Municipal Bond ETF | 0.21 | 0.19 | 0.14 | 71 | Municipal Bonds | FERG vs BSMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FERG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FERG and solid risk/return profiles. The least correlated is Cboe Global Markets, Inc. (CBOE) (Financial Services) 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 |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.21 | -0.09 | 0.07 | 71 | Financial Services | |
| Walmart Inc. | 0.04 | 0.14 | 0.20 | 66 | Consumer Defensive | |
| Broadcom Inc. | 0.15 | 0.28 | 0.36 | 76 | Technology | |
| Warrior Met Coal, Inc. | 0.16 | 0.23 | 0.23 | 90 | Basic Materials | |
| NVIDIA Corporation | 0.16 | 0.22 | 0.32 | 80 | Technology |
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Build a portfolio that complements FERG
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