Looking to balance out your exposure to FTS? The ETFs below have the lowest correlation with FTS — they tend to move on their own, which can help reduce risk when FTS drops. The stock ideas table highlights individual companies that behave independently from FTS.
Best Diversifiers for FTS
10 ETFs have low correlation with FTS (below 0.3), 7 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of -0.26, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | -0.26 | -0.02 | 0.10 | 59 | Nasdaq-100 | FTS vs QQQ | |
| Avantis Emerging Markets ex-China Equity ETF | -0.17 | — | — | 80 | Emerging Markets Diversified | FTS vs AVXC | |
| Avantis Emerging Markets Equity ETF | -0.16 | 0.15 | 0.20 | 68 | Emerging Markets Equities | FTS vs AVEM | |
| Vanguard S&P 500 ETF | -0.14 | 0.11 | 0.21 | 60 | S&P 500 | FTS vs VOO | |
| State Street SPDR S&P 500 ETF | -0.14 | 0.11 | 0.21 | 60 | S&P 500 | FTS vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTS and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of -0.27, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | -0.27 | -0.04 | 0.03 | 93 | Technology | |
| Broadcom Inc. | -0.24 | -0.09 | 0.02 | 71 | Technology | |
| Monolithic Power Systems, Inc. | -0.19 | -0.02 | 0.03 | 88 | Technology | |
| Amazon.com, Inc | -0.15 | -0.05 | 0.07 | 52 | Consumer Cyclical | |
| GE Vernova Inc. | -0.14 | — | — | 89 | Industrials |
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Build a portfolio that complements FTS
Add FTS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FTS