Looking to diversify beyond FTGC? The ETFs below have historically moved differently from FTGC, 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 FTGC
2133 ETFs have low correlation with FTGC (below 0.3), 1117 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Municipal Bond Opportunities ETF | -0.29 | — | — | 76 | Municipal Bonds | FTGC vs FMUB | |
| IQ MacKay Municipal Insured ETF | -0.27 | -0.09 | -0.04 | 83 | Municipal Bonds | FTGC vs MMIN | |
| Macquarie Tax-Free USA Short Term ETF | -0.27 | — | — | 82 | Municipal Bonds | FTGC vs STAX | |
| Global X Short-Term Treasury Ladder ETF | -0.26 | -0.18 | -0.18 | 89 | Government Bonds, Short-Term Bond | FTGC vs SLDR | |
| Hartford Municipal Opportunities ETF | -0.26 | -0.12 | -0.08 | 66 | Municipal Bonds | FTGC vs HMOP |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FTGC, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.17 | -0.11 | 0.01 | 90 | Consumer Defensive | |
| Monster Beverage Corporation | -0.17 | -0.09 | -0.01 | 94 | Consumer Defensive | |
| Bristol-Myers Squibb Company | -0.14 | -0.09 | 0.01 | 92 | Healthcare | |
| PepsiCo, Inc. | -0.13 | -0.08 | -0.01 | 50 | Consumer Defensive | |
| Performance Food Group Company | -0.12 | -0.02 | 0.07 | 58 | Consumer Defensive |
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