Looking to balance out your exposure to FFIV? The ETFs below have the lowest correlation with FFIV — they tend to move on their own, which can help reduce risk when FFIV drops. The stock ideas table highlights individual companies that behave independently from FFIV.
Best Diversifiers for FFIV
3 ETFs have low correlation with FFIV (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of 0.02, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.02 | -0.01 | -0.00 | 100 | Ultrashort Bond | FFIV vs SGOV | |
| Janus Henderson AAA CLO ETF | 0.14 | 0.11 | 0.11 | 98 | CLO | FFIV vs JAAA | |
| iShares Semiconductor ETF | 0.29 | 0.49 | 0.58 | 97 | Semiconductors, Technology Equities | FFIV vs SOXX | |
| Global X US Infrastructure Development ETF | 0.30 | 0.51 | 0.57 | 59 | Utilities Equities | FFIV vs PAVE | |
| State Street SPDR S&P 500 ETF | 0.39 | 0.56 | 0.65 | 70 | S&P 500 | FFIV vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FFIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FFIV and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.11, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.11 | -0.01 | 0.11 | 92 | Healthcare | |
| Altria Group, Inc. | -0.10 | -0.03 | 0.08 | 69 | Consumer Defensive | |
| Eli Lilly and Company | -0.08 | 0.10 | 0.16 | 72 | Healthcare | |
| AbbVie Inc. | -0.07 | 0.03 | 0.10 | 62 | Healthcare | |
| Millicom International Cellular S.A. | -0.05 | 0.07 | 0.20 | 97 | Communication Services |
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