Looking to balance out your exposure to FITB? The ETFs below have the lowest correlation with FITB — they tend to move on their own, which can help reduce risk when FITB drops. The stock ideas table highlights individual companies that behave independently from FITB.
Best Diversifiers for FITB
1 ETFs have low correlation with FITB (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.27, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.27 | 0.30 | 0.41 | 73 | Nasdaq-100 | FITB vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.42 | 0.45 | 0.56 | 70 | S&P 500 | FITB vs SPY | |
| Vanguard S&P 500 ETF | 0.42 | 0.46 | 0.55 | 70 | S&P 500 | FITB vs VOO | |
| iShares Core S&P 500 ETF | 0.42 | 0.46 | 0.55 | 70 | S&P 500 | FITB vs IVV | |
| Vanguard Total Stock Market ETF | 0.44 | 0.49 | 0.58 | 68 | Large Cap Blend Equities | FITB vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FITB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FITB and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.05, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.05 | 0.12 | 0.24 | 78 | Technology | |
| Johnson & Johnson | 0.07 | 0.15 | 0.17 | 92 | Healthcare | |
| The Coca-Cola Company | 0.09 | 0.12 | 0.22 | 66 | Consumer Defensive | |
| Tesla, Inc. | 0.10 | 0.24 | 0.30 | 55 | Consumer Cyclical | |
| Alphabet Inc. Class A | 0.13 | 0.16 | 0.27 | 96 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FITB
Add FITB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FITB