Looking to diversify beyond FOWF? The ETFs below have the lowest correlation with FOWF — 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 FOWF.
Best Diversifiers for FOWF
312 ETFs have low correlation with FOWF (below 0.3), 21 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | — | — | 61 | Leveraged Currency | FOWF vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | FOWF vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | FOWF vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | FOWF vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.10 | — | — | 95 | Inflation-Protected Bonds | FOWF vs IBID |
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