Looking to balance out your exposure to FTK? The ETFs below have the lowest correlation with FTK — they tend to move on their own, which can help reduce risk when FTK drops. The stock ideas table highlights individual companies that behave independently from FTK.
No Diversifiers Found for FTK
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTK and solid risk/return profiles. The least correlated is AngloGold Ashanti Limited (AU) (Basic Materials) with a 1Y correlation of 0.12, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AngloGold Ashanti Limited | 0.12 | 0.10 | 0.13 | 81 | Basic Materials | |
| Amylyx Pharmaceuticals, Inc. | 0.13 | 0.17 | — | 89 | Healthcare | |
| Howmet Aerospace Inc. | 0.16 | 0.19 | 0.23 | 79 | Industrials | |
| Kodiak Gas Services Inc. | 0.19 | — | — | 91 | Energy | |
| Great Lakes Dredge & Dock Corporation | 0.28 | 0.26 | 0.22 | 83 | Industrials |
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