Looking to balance out your exposure to FTI? The ETFs below have the lowest correlation with FTI — they tend to move on their own, which can help reduce risk when FTI drops. The stock ideas table highlights individual companies that behave independently from FTI.
Best Diversifiers for FTI
6 ETFs have low correlation with FTI (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.17, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.17 | 0.23 | 0.25 | 53 | Nasdaq-100 | FTI vs QQQ | |
| ProShares Ultra S&P500 | 0.17 | 0.27 | 0.33 | 54 | Leveraged Equities, S&P 500 | FTI vs SSO | |
| State Street SPDR S&P 500 ETF | 0.17 | 0.27 | 0.33 | 65 | S&P 500 | FTI vs SPY | |
| Invesco S&P 500 Momentum ETF | 0.19 | 0.26 | 0.36 | 51 | Momentum, S&P 500 | FTI vs SPMO | |
| Amplify CWP Enhanced Dividend Income ETF | 0.21 | 0.28 | 0.37 | 72 | Derivative Income | FTI vs DIVO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTI and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.04, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.04 | 0.06 | 0.07 | 79 | Healthcare | |
| Coca-Cola Consolidated, Inc. | -0.03 | 0.04 | 0.09 | 85 | Consumer Defensive | |
| Exelixis, Inc. | -0.03 | 0.10 | 0.15 | 65 | Healthcare | |
| NextEra Energy, Inc. | -0.03 | 0.05 | 0.09 | 73 | Utilities | |
| Ackermans & Van Haaren NV ADR | -0.02 | 0.05 | 0.05 | 95 | Industrials |
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