Looking to balance out your exposure to FUL? The ETFs below have the lowest correlation with FUL — they tend to move on their own, which can help reduce risk when FUL drops. The stock ideas table highlights individual companies that behave independently from FUL.
Best Diversifiers for FUL
1 ETFs have low correlation with FUL (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.29, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.29 | 0.33 | 0.43 | 73 | Nasdaq-100 | FUL vs QQQ | |
| Vanguard S&P 500 ETF | 0.40 | 0.47 | 0.56 | 70 | S&P 500 | FUL vs VOO | |
| State Street SPDR S&P 500 ETF | 0.41 | 0.47 | 0.56 | 70 | S&P 500 | FUL vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FUL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FUL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.05, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.05 | 0.10 | 0.21 | 69 | Consumer Defensive | |
| Fortis Inc | 0.04 | 0.19 | 0.25 | 76 | Utilities | |
| Canadian Utilities Limited | 0.08 | 0.13 | 0.18 | 90 | Utilities | |
| Walmart Inc. | 0.12 | 0.15 | 0.22 | 63 | Consumer Defensive | |
| The Coca-Cola Company | 0.13 | 0.16 | 0.27 | 66 | Consumer Defensive |
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