Looking to diversify beyond FNDF? The ETFs below have the lowest correlation with FNDF — 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 FNDF.
Best Diversifiers for FNDF
248 ETFs have low correlation with FNDF (below 0.3), 24 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.31 | -0.24 | 63 | Leveraged Currency | FNDF vs YCS | |
| United States Gasoline Fund LP | -0.24 | -0.02 | 0.14 | 55 | Oil & Gas | FNDF vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | FNDF vs RBIL | |
| TCW AAA CLO ETF | -0.17 | — | — | 99 | CLO | FNDF vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | FNDF vs IBIC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FNDF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FNDF and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.08 | 0.13 | 0.23 | 72 | Consumer Defensive | |
| The Allstate Corporation | -0.01 | 0.13 | 0.28 | 67 | Financial Services | |
| The Coca-Cola Company | -0.00 | 0.13 | 0.25 | 74 | Consumer Defensive | |
| Diamondback Energy, Inc. | 0.00 | 0.18 | 0.34 | 76 | Energy | |
| Chubb Limited | 0.00 | 0.15 | 0.29 | 69 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FNDF
Add FNDF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FNDF