Looking to diversify beyond FTGC? The ETFs below have the lowest correlation with FTGC — 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 FTGC.
Best Diversifiers for FTGC
2091 ETFs have low correlation with FTGC (below 0.3), 1511 of which are negatively correlated. The least correlated is iShares Yield Optimized Bond ETF (BYLD) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.29, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Yield Optimized Bond ETF | -0.29 | -0.05 | 0.01 | 57 | Intermediate Core-Plus Bond | FTGC vs BYLD | |
| Avantis Credit ETF | -0.28 | — | — | 54 | Global Bonds | FTGC vs AVGB | |
| Neos Enhanced Income Aggregate Bond ETF | -0.28 | -0.07 | — | 52 | Intermediate Core-Plus Bond | FTGC vs BNDI | |
| Invesco BulletShares 2031 Municipal Bond ETF | -0.27 | -0.08 | -0.02 | 61 | Municipal Bonds | FTGC vs BSMV | |
| First Trust TCW Unconstrained Plus Bond ETF | -0.26 | -0.09 | -0.01 | 55 | Nontraditional Bonds | FTGC vs UCON |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTGC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTGC and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.13, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.13 | -0.06 | 0.04 | 63 | Consumer Defensive | |
| Bristol-Myers Squibb Company | -0.08 | -0.05 | 0.03 | 61 | Healthcare | |
| Apple Hospitality REIT, Inc. | -0.06 | 0.05 | 0.17 | 81 | Real Estate | |
| PepsiCo, Inc. | -0.06 | -0.03 | 0.01 | 57 | Consumer Defensive | |
| Union Pacific Corporation | -0.05 | 0.02 | 0.15 | 71 | Industrials |
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Build a portfolio that complements FTGC
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