Looking to balance out your exposure to FTV? The ETFs below have the lowest correlation with FTV — they tend to move on their own, which can help reduce risk when FTV drops. The stock ideas table highlights individual companies that behave independently from FTV.
Best Diversifiers for FTV
7 ETFs have low correlation with FTV (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-1 Year Treasury Bond ETF (SHV) (Government Bonds) with a 1Y correlation of -0.05, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-1 Year Treasury Bond ETF | -0.05 | 0.04 | 0.05 | 100 | Government Bonds, Ultrashort Bond | FTV vs SHV | |
| iShares 0-5 Year TIPS Bond ETF | 0.04 | 0.09 | 0.13 | 93 | Inflation-Protected Bonds | FTV vs STIP | |
| VanEck Semiconductor ETF | 0.20 | 0.36 | 0.48 | 96 | Semiconductors, Technology Equities | FTV vs SMH | |
| Invesco QQQ ETF | 0.21 | 0.41 | 0.54 | 73 | Nasdaq-100 | FTV vs QQQ | |
| iShares Robotics and Artificial Intelligence Multi... | 0.21 | 0.44 | 0.53 | 90 | Robotics, Technology Equities | FTV vs IRBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTV and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.02, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.02 | 0.18 | 0.35 | 78 | Technology | |
| Tesla, Inc. | 0.04 | 0.25 | 0.33 | 55 | Consumer Cyclical | |
| Argan, Inc. | 0.05 | 0.22 | 0.29 | 93 | Industrials | |
| Fabrinet | 0.05 | 0.27 | 0.38 | 93 | Technology | |
| AppLovin Corporation | 0.06 | 0.21 | 0.32 | 59 | Technology |
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Build a portfolio that complements FTV
Add FTV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FTV