Looking to balance out your exposure to FTAIN? The ETFs below have the lowest correlation with FTAIN — they tend to move on their own, which can help reduce risk when FTAIN drops. The stock ideas table highlights individual companies that behave independently from FTAIN.
Best Diversifiers for FTAIN
2 ETFs have low correlation with FTAIN (below 0.3), 0 of which are negatively correlated. The least correlated is Amplify CWP Enhanced Dividend Income ETF (DIVO) (Derivative Income) with a 1Y correlation of 0.06, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amplify CWP Enhanced Dividend Income ETF | 0.06 | 0.11 | 0.15 | 72 | Derivative Income | FTAIN vs DIVO | |
| Invesco S&P 500 Momentum ETF | 0.09 | 0.09 | 0.14 | 51 | Momentum, S&P 500 | FTAIN vs SPMO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTAIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTAIN and solid risk/return profiles. The least correlated is Terna Rete Elettrica Nazionale (TEZNY) (Utilities) with a 1Y correlation of -0.10, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Terna Rete Elettrica Nazionale | -0.10 | 0.01 | 0.02 | 80 | Utilities | |
| Telstra Corporation Limited | -0.08 | -0.01 | — | 62 | Communication Services | |
| JSC National Atomic Company Kazatomprom | -0.06 | 0.01 | — | 78 | Energy | |
| Enact Holdings, Inc. | -0.03 | 0.05 | 0.10 | 87 | Financial Services | |
| Ackermans & Van Haaren NV ADR | -0.02 | — | — | 95 | Industrials |
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