Looking to diversify beyond FSYD? The ETFs below have historically moved differently from FSYD, 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 FSYD
231 ETFs have low correlation with FSYD (below 0.3), 77 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 63 | Derivative Income | FSYD vs WNTR | |
| Invesco DB Energy Fund | -0.32 | -0.13 | — | 53 | Oil & Gas | FSYD vs DBE | |
| ProShares UltraShort Yen | -0.29 | -0.24 | -0.24 | 59 | Leveraged Currency | FSYD vs YCS | |
| United States Gasoline Fund, LP | -0.29 | -0.12 | 0.02 | 74 | Oil & Gas | FSYD vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.24 | -0.04 | 0.07 | 50 | Commodities | FSYD vs GSG |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FSYD, 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 Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.35, roughly unchanged from 0.41 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.35 | 0.41 | — | 90 | Technology | |
| Annaly Capital Management, Inc. | 0.44 | 0.56 | 0.60 | 75 | Real Estate | |
| BlackRock Science and Technology Trust | 0.56 | 0.54 | — | 84 | Financial Services |
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