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
248 ETFs have low correlation with FNDC (below 0.3), 49 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, down from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.35 | -0.30 | 72 | Leveraged Currency | FNDC vs YCS | |
| ProShares Short Bitcoin ETF | -0.37 | -0.30 | -0.33 | 53 | Cryptocurrency | FNDC vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | -0.34 | -0.34 | 56 | Inverse Equities | FNDC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 65 | Inverse Equities, Leveraged Equities | FNDC vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 70 | Derivative Income | FNDC vs WNTR |
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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.33 | 0.35 | 0.45 | 91 | Technology | |
| Agnico Eagle Mines Limited | 0.51 | 0.46 | 0.43 | 59 | Basic Materials |
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