Looking to diversify beyond FTNY? The ETFs below have the lowest correlation with FTNY — 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 FTNY.
Best Diversifiers for FTNY
4 ETFs have low correlation with FTNY (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin International Low Volatility High Dividend Index ETF (LVHI) (Volatility Hedged Equity) with a 1Y correlation of 0.19, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 0.19 | 0.19 | 0.19 | 95 | Volatility Hedged Equity, Dividend | FTNY vs LVHI | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | 0.21 | 0.21 | 0.21 | 90 | Municipal Bonds | FTNY vs IBMO | |
| iShares Short Maturity Municipal Bond ETF | 0.27 | 0.27 | 0.27 | 96 | Municipal Bonds | FTNY vs MEAR | |
| Franklin FTSE Japan ETF | 0.27 | 0.27 | 0.27 | 60 | Japan Equities | FTNY vs FLJP | |
| iShares Short-Term California Muni Active ETF | 0.37 | 0.37 | 0.37 | 94 | Municipal Bonds | FTNY vs CALI |
See all 7 diversifiers for FTNY
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