Looking to balance out your exposure to FIVN? The ETFs below have the lowest correlation with FIVN — they tend to move on their own, which can help reduce risk when FIVN drops. The stock ideas table highlights individual companies that behave independently from FIVN.
Best Diversifiers for FIVN
0 ETFs have low correlation with FIVN (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.34, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.34 | 0.41 | 0.47 | 70 | S&P 500 | FIVN vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FIVN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FIVN and solid risk/return profiles. The least correlated is Cadence Design Systems, Inc. (CDNS) (Technology) with a 1Y correlation of 0.41, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cadence Design Systems, Inc. | 0.41 | 0.33 | 0.40 | 68 | Technology | |
| RingCentral, Inc. | 0.75 | 0.64 | 0.67 | 75 | Technology |
Build a portfolio that complements FIVN
Add FIVN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FIVN