Looking to balance out your exposure to FMCC? The ETFs below have the lowest correlation with FMCC — they tend to move on their own, which can help reduce risk when FMCC drops. The stock ideas table highlights individual companies that behave independently from FMCC.
Best Diversifiers for FMCC
2 ETFs have low correlation with FMCC (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.19, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.19 | 0.17 | 0.20 | 74 | Nasdaq-100 | FMCC vs QQQ | |
| Vanguard S&P 500 ETF | 0.20 | 0.17 | 0.19 | 74 | S&P 500 | FMCC vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FMCC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FMCC and solid risk/return profiles. The least correlated is Lockheed Martin Corporation (LMT) (Industrials) with a 1Y correlation of -0.12, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lockheed Martin Corporation | -0.12 | -0.06 | -0.02 | 51 | Industrials | |
| Walmart Inc. | -0.08 | 0.02 | 0.05 | 66 | Consumer Defensive | |
| Hachijuni Bank Ltd ADR | 0.01 | -0.00 | -0.02 | 82 | Financial Services | |
| Bper Banca SpA ADR | 0.03 | 0.01 | -0.00 | 80 | Financial Services | |
| Barrick Mining Corporation | 0.03 | 0.03 | 0.05 | 89 | Basic Materials |
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