Looking to balance out your exposure to FMCC? The ETFs below have historically moved differently from FMCC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FMCC
1 ETFs have low correlation with FMCC (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.22, roughly unchanged from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.22 | 0.18 | 0.21 | 68 | S&P 500 | FMCC vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FMCC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Lockheed Martin Corporation (LMT) (Industrials) with a 1Y correlation of -0.12, roughly unchanged from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lockheed Martin Corporation | -0.12 | -0.06 | -0.02 | 80 | Industrials | |
| Walmart Inc. | -0.09 | 0.01 | 0.04 | 62 | Consumer Defensive | |
| VeriSign, Inc. | -0.04 | 0.03 | 0.09 | 53 | Technology | |
| Targa Resources Corp. | 0.01 | 0.11 | 0.12 | 93 | Energy | |
| DT Midstream, Inc. | 0.01 | 0.13 | 0.13 | 90 | Energy |
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