Looking to balance out your exposure to FRFHF? The ETFs below have the lowest correlation with FRFHF — they tend to move on their own, which can help reduce risk when FRFHF drops. The stock ideas table highlights individual companies that behave independently from FRFHF.
Best Diversifiers for FRFHF
14 ETFs have low correlation with FRFHF (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.02, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.02 | 0.16 | 0.26 | 92 | Semiconductors, Technology Equities | FRFHF vs SMH | |
| Invesco QQQ ETF | 0.04 | 0.22 | 0.30 | 59 | Nasdaq-100 | FRFHF vs QQQ | |
| Invesco S&P 500 Momentum ETF | 0.06 | 0.24 | 0.33 | 60 | Momentum, S&P 500 | FRFHF vs SPMO | |
| Invesco Ultra Short Duration ETF | 0.06 | 0.09 | 0.05 | 99 | Ultrashort Bond | FRFHF vs GSY | |
| iShares iBonds 2027 Term High Yield and Income ETF | 0.10 | 0.25 | 0.32 | 91 | High Yield Bonds | FRFHF vs IBHG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FRFHF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FRFHF and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of -0.03, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | -0.03 | 0.13 | 0.21 | 90 | Technology | |
| Nebius Group N.V. | -0.02 | — | — | 94 | Communication Services | |
| Chevron Corporation | -0.01 | 0.05 | 0.15 | 73 | Energy | |
| NVIDIA Corporation | -0.01 | 0.15 | 0.23 | 66 | Technology | |
| Vertiv Holdings Co. | -0.01 | 0.17 | 0.24 | 92 | Industrials |
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Build a portfolio that complements FRFHF
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Analyze a portfolio with FRFHF