Looking to diversify beyond FTXN? The ETFs below have the lowest correlation with FTXN — 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 FTXN.
Best Diversifiers for FTXN
1510 ETFs have low correlation with FTXN (below 0.3), 1094 of which are negatively correlated. The least correlated is John Hancock Mortgage Backed Securities ETF (JHMB) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.35, down from -0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| John Hancock Mortgage Backed Securities ETF | -0.35 | -0.14 | — | 54 | Intermediate Core-Plus Bond | FTXN vs JHMB | |
| Avantis Credit ETF | -0.34 | — | — | 54 | Global Bonds | FTXN vs AVGB | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.31 | -0.12 | — | 74 | Municipal Bonds | FTXN vs BSMW | |
| Vanguard Short Duration Bond ETF Shares | -0.31 | — | — | 90 | Short-Term Bond | FTXN vs VSDB | |
| Avantis Short-Term Fixed Income ETF | -0.31 | -0.11 | -0.06 | 71 | Short-Term Bond | FTXN vs AVSF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTXN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTXN and solid risk/return profiles. The least correlated is BlackRock Capital Allocation Term Trust (BCAT) (Financial Services) with a 1Y correlation of -0.07, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Capital Allocation Term Trust | -0.07 | 0.15 | 0.24 | 94 | Financial Services |
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