Looking to diversify beyond FTSD? The ETFs below have historically moved differently from FTSD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FTSD
1980 ETFs have low correlation with FTSD (below 0.3), 171 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.35 | — | — | 88 | Systematic Trend, Actively Managed | FTSD vs FFUT | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.32 | -0.17 | -0.06 | 72 | Commodities | FTSD vs PDBC | |
| Invesco DB Oil Fund | -0.32 | -0.21 | -0.11 | 58 | Oil & Gas | FTSD vs DBO | |
| ProShares UltraShort Yen | -0.32 | -0.34 | -0.38 | 56 | Leveraged Currency | FTSD vs YCS | |
| Invesco DB Energy Fund | -0.31 | -0.21 | -0.11 | 72 | Oil & Gas | FTSD vs DBE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FTSD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.26, down from -0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.26 | -0.16 | -0.10 | 80 | Energy | |
| TotalEnergies SE | -0.06 | -0.05 | -0.05 | 91 | Energy | |
| Advanced Micro Devices, Inc. | -0.05 | -0.02 | -0.01 | 94 | Technology | |
| China Shenhua Energy Co Ltd | -0.03 | -0.06 | -0.06 | 74 | Energy | |
| Kraken Robotics Inc | -0.02 | 0.01 | 0.01 | 73 | Technology |
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