Looking to balance out your exposure to FSS? The ETFs below have the lowest correlation with FSS — they tend to move on their own, which can help reduce risk when FSS drops. The stock ideas table highlights individual companies that behave independently from FSS.
Best Diversifiers for FSS
0 ETFs have low correlation with FSS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.49, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.49 | 0.55 | 0.57 | 74 | S&P 500 | FSS vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FSS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FSS and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.00, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.00 | 0.11 | 0.19 | 66 | Consumer Defensive | |
| Eli Lilly and Company | 0.05 | 0.13 | 0.13 | 75 | Healthcare | |
| MSCI Inc. | 0.11 | 0.27 | 0.33 | 53 | Financial Services | |
| Alamos Gold Inc. | 0.14 | 0.10 | 0.15 | 66 | Basic Materials | |
| The Travelers Companies, Inc. | 0.16 | 0.23 | 0.30 | 58 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FSS
Add FSS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSS