PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond FNDC? The ETFs below have the lowest correlation with FNDC — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FNDC.

Best Diversifiers for FNDC

220 ETFs have low correlation with FNDC (below 0.3), 23 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.30 over 5 years.


See all 1949 diversifiers for FNDC

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FNDC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FNDC and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.33, down from 0.45 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Apple Inc0.330.350.45
87
Technology
Agnico Eagle Mines Limited0.490.460.44
62
Basic Materials

Rows per page

1–2 of 2

Diversification Analysis

Build a portfolio that complements FNDC

Add FNDC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FNDC