Looking to diversify beyond FTDS? The ETFs below have the lowest correlation with FTDS — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FTDS.
Best Diversifiers for FTDS
763 ETFs have low correlation with FTDS (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.11, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.11 | -0.06 | -0.03 | 63 | Leveraged Currency | FTDS vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.09 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | FTDS vs USFR | |
| Obra Opportunistic Structured Products ETF | -0.09 | — | — | 72 | Multisector Bonds | FTDS vs OOSP | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.09 | — | — | 100 | Ultrashort Bond | FTDS vs VBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 99 | Ultrashort Bond | FTDS vs CSHP |
See all 1978 diversifiers for FTDS
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