Looking to diversify beyond FUTY? The ETFs below have the lowest correlation with FUTY — 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 FUTY.
Best Diversifiers for FUTY
1838 ETFs have low correlation with FUTY (below 0.3), 70 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.27, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.27 | -0.27 | -0.27 | 99 | Leveraged Equities, Semiconductors | FUTY vs MUU | |
| ProShares UltraShort Yen | -0.16 | -0.17 | -0.14 | 72 | Leveraged Currency | FUTY vs YCS | |
| Proshares Ultrashort Bitcoin ETF | -0.14 | -0.14 | -0.14 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FUTY vs SBIT | |
| ProShares Short Bitcoin ETF | -0.14 | -0.14 | -0.14 | 57 | Cryptocurrency | FUTY vs BITI | |
| Fidelity Managed Futures ETF | -0.12 | — | — | 71 | Systematic Trend | FUTY vs FFUT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FUTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FUTY and solid risk/return profiles. The least correlated is Palo Alto Networks, Inc. (PANW) (Technology) with a 1Y correlation of -0.14, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Palo Alto Networks, Inc. | -0.14 | 0.00 | 0.09 | 84 | Technology | |
| CrowdStrike Holdings, Inc. | -0.11 | -0.01 | 0.06 | 77 | Technology | |
| Valero Energy Corporation | -0.08 | 0.09 | 0.12 | 95 | Energy | |
| Credo Technology Group Holding Ltd | -0.05 | 0.02 | 0.08 | 83 | Technology | |
| Broadcom Inc. | -0.04 | -0.00 | 0.12 | 71 | Technology |
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