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Looking to diversify beyond FTLS? The ETFs below have the lowest correlation with FTLS — 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 FTLS.

Best Diversifiers for FTLS

426 ETFs have low correlation with FTLS (below 0.3), 79 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FTLS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTLS and solid risk/return profiles. The least correlated is BlackRock Science and Technology Term Trust (BSTZ) (Financial Services) with a 1Y correlation of 0.47, roughly unchanged from 0.56 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BlackRock Science and Technology Term Trust0.470.540.56
93
Financial Services

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Diversification Analysis

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