Looking to diversify beyond FTMA? The ETFs below have the lowest correlation with FTMA — 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 FTMA.
Best Diversifiers for FTMA
658 ETFs have low correlation with FTMA (below 0.3), 76 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.36 | -0.36 | -0.36 | 57 | Commodities | FTMA vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.34 | -0.34 | -0.34 | 56 | Commodities | FTMA vs DBC | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | -0.30 | -0.30 | -0.30 | 55 | Leveraged Equities | FTMA vs NRGU | |
| Vanguard Energy ETF | -0.30 | -0.30 | -0.30 | 60 | Energy Equities | FTMA vs VDE | |
| State Street Energy Select Sector SPDR ETF | -0.29 | -0.29 | -0.29 | 59 | Energy Equities | FTMA vs XLE |
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