Looking to diversify beyond FNDE? The ETFs below have the lowest correlation with FNDE — 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 FNDE.
Best Diversifiers for FNDE
304 ETFs have low correlation with FNDE (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.21 | -0.18 | 61 | Leveraged Currency | FNDE vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | FNDE vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.03 | -0.01 | 100 | Government Bonds, Ultrashort Bond | FNDE vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.14 | — | — | 97 | Inflation-Protected Bonds | FNDE vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.01 | 0.01 | 100 | Ultrashort Bond | FNDE vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FNDE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FNDE and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of 0.01, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | 0.01 | 0.08 | 0.14 | 63 | Communication Services | |
| IonQ, Inc. | 0.31 | 0.31 | 0.33 | 59 | Technology | |
| Apple Inc | 0.32 | 0.31 | 0.38 | 88 | Technology | |
| JPMorgan Chase & Co. | 0.32 | 0.32 | 0.42 | 69 | Financial Services | |
| Rigetti Computing Inc | 0.33 | 0.32 | 0.30 | 68 | Technology |
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Build a portfolio that complements FNDE
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Analyze a portfolio with FNDE