Looking to balance out your exposure to FUTU? The ETFs below have the lowest correlation with FUTU — they tend to move on their own, which can help reduce risk when FUTU drops. The stock ideas table highlights individual companies that behave independently from FUTU.
Best Diversifiers for FUTU
1 ETFs have low correlation with FUTU (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long AMD Daily ETF (AMDL) (Leveraged Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long AMD Daily ETF | 0.29 | 0.36 | 0.36 | 96 | Leveraged Equities | FUTU vs AMDL | |
| Invesco S&P 500 Momentum ETF | 0.40 | 0.35 | 0.33 | 75 | Momentum, S&P 500 | FUTU vs SPMO | |
| Vanguard FTSE Developed Markets ETF | 0.40 | 0.43 | 0.41 | 61 | Foreign Large Cap Equities | FUTU vs VEA | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.45 | 0.39 | 0.41 | 76 | Nasdaq-100, Derivative Income | FUTU vs JEPQ | |
| State Street SPDR S&P 500 ETF | 0.45 | 0.41 | 0.39 | 74 | S&P 500 | FUTU vs SPY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FUTU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FUTU and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.17 | 0.01 | 0.04 | 66 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.15 | 0.07 | 0.09 | 86 | Energy | |
| Cboe Global Markets, Inc. | -0.10 | -0.07 | 0.04 | 71 | Financial Services | |
| Eli Lilly and Company | -0.04 | 0.05 | 0.03 | 75 | Healthcare | |
| Novartis AG | 0.00 | 0.04 | 0.05 | 78 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FUTU
Add FUTU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FUTU