Looking to balance out your exposure to FUND? The ETFs below have historically moved differently from FUND, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FUND
4 ETFs have low correlation with FUND (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.09 | -0.06 | 100 | Government Bonds, Ultrashort Bond | FUND vs BIL | |
| State Street Energy Select Sector SPDR ETF | 0.16 | 0.39 | 0.45 | 61 | Energy Equities | FUND vs XLE | |
| iShares 1-3 Year Treasury Bond ETF | 0.17 | 0.11 | 0.11 | 82 | Government Bonds, Short-Term Bond | FUND vs SHY | |
| iMGP DBi Managed Futures Strategy ETF | 0.29 | 0.24 | 0.08 | 85 | Systematic Trend | FUND vs DBMF | |
| Schwab U.S. Dividend Equity ETF | 0.42 | 0.61 | 0.66 | 94 | Dividend | FUND vs SCHD |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FUND, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Cohen & Steers Infrastructure Fund, Inc (UTF) (Financial Services) with a 1Y correlation of 0.41, roughly unchanged from 0.45 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cohen & Steers Infrastructure Fund, Inc | 0.41 | 0.42 | 0.45 | 66 | Financial Services | |
| General American Investors Company, Inc. | 0.53 | 0.57 | 0.64 | 93 | Financial Services | |
| Tri-Continental Corporation | 0.55 | 0.62 | 0.67 | 90 | Financial Services |
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