Looking to balance out your exposure to FUN? The ETFs below have the lowest correlation with FUN — they tend to move on their own, which can help reduce risk when FUN drops. The stock ideas table highlights individual companies that behave independently from FUN.
Best Diversifiers for FUN
1 ETFs have low correlation with FUN (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Ultra-Short Income ETF (JPST) (Ultrashort Bond) with a 1Y correlation of 0.11, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Ultra-Short Income ETF | 0.11 | 0.06 | 0.04 | 99 | Ultrashort Bond | FUN vs JPST | |
| Vanguard Total International Stock ETF | 0.33 | 0.35 | 0.36 | 60 | Global Equities | FUN vs VXUS | |
| Vanguard FTSE All-World ex-US ETF | 0.33 | 0.34 | 0.36 | 60 | Foreign Large Cap Equities | FUN vs VEU | |
| State Street SPDR S&P 500 ETF | 0.35 | 0.42 | 0.42 | 70 | S&P 500 | FUN vs SPY | |
| Vanguard S&P 500 ETF | 0.35 | 0.42 | 0.42 | 70 | S&P 500 | FUN vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FUN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FUN and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.00, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.00 | 0.01 | 0.07 | 66 | Consumer Defensive | |
| United Therapeutics Corporation | 0.04 | 0.09 | 0.11 | 86 | Healthcare | |
| Celestica Inc. | 0.05 | 0.18 | 0.24 | 94 | Technology | |
| National Retail Properties, Inc. | 0.05 | 0.12 | 0.19 | 62 | Real Estate | |
| Baker Hughes Company | 0.06 | 0.12 | 0.15 | 89 | Energy |
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