Looking to diversify beyond FTXL? The ETFs below have the lowest correlation with FTXL — 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 FTXL.
Best Diversifiers for FTXL
410 ETFs have low correlation with FTXL (below 0.3), 68 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | — | — | 95 | Inflation-Protected Bonds | FTXL vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.09 | -0.05 | 100 | Government Bonds, Ultrashort Bond | FTXL vs USFR | |
| Texas Capital Government Money Market ETF | -0.14 | — | — | 100 | Money Market | FTXL vs MMKT | |
| United States Gasoline Fund LP | -0.13 | -0.01 | 0.05 | 55 | Oil & Gas | FTXL vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | FTXL vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTXL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTXL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.29, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.29 | -0.16 | -0.04 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.23 | -0.16 | -0.08 | 62 | Utilities | |
| Verizon Communications Inc. | -0.21 | -0.11 | -0.02 | 66 | Communication Services | |
| The Southern Company | -0.19 | -0.14 | -0.03 | 55 | Utilities | |
| The Coca-Cola Company | -0.18 | -0.12 | 0.02 | 74 | Consumer Defensive |
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