Looking to diversify beyond FSTA? The ETFs below have historically moved differently from FSTA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FSTA
2012 ETFs have low correlation with FSTA (below 0.3), 976 of which are negatively correlated. The least correlated is Pacer Data and Digital Revolution ETF (TRFK) (Technology Equities) with a 1Y correlation of -0.39, down from -0.07 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Data and Digital Revolution ETF | -0.39 | -0.07 | — | 52 | Technology Equities | FSTA vs TRFK | |
| ProShares Ultra Semiconductors | -0.38 | -0.13 | 0.08 | 56 | Leveraged Equities, Semiconductors | FSTA vs USD | |
| First Trust Bloomberg Artificial Intelligence ETF | -0.37 | — | — | 56 | Artificial Intelligence, Technology Equities | FSTA vs FAI | |
| TCW Artificial Intelligence ETF | -0.37 | — | — | 78 | Artificial Intelligence, Technology Equities | FSTA vs AIFD | |
| Amplify Bloomberg AI Value Chain ETF | -0.36 | -0.05 | 0.11 | 90 | Technology Equities | FSTA vs AIVC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FSTA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.36, down from -0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.36 | -0.15 | -0.03 | 76 | Technology | |
| NVIDIA Corporation | -0.30 | -0.12 | 0.05 | 59 | Technology | |
| Marvell Technology, Inc. | -0.30 | -0.08 | 0.09 | 91 | Technology | |
| Micron Technology, Inc. | -0.29 | -0.11 | 0.05 | 99 | Technology | |
| Broadcom Inc. | -0.29 | -0.08 | 0.11 | 69 | Technology |
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