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
1810 ETFs have low correlation with FUTY (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.17, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.17 | -0.16 | -0.14 | 61 | Leveraged Currency | FUTY vs YCS | |
| BlackRock Floating Rate Loan ETF | -0.13 | 0.05 | — | 52 | Bank Loan | FUTY vs BRLN | |
| Invesco DB Energy Fund | -0.12 | -0.01 | 0.04 | 71 | Oil & Gas | FUTY vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.12 | — | — | 98 | Inflation-Protected Bonds | FUTY vs RBIL | |
| KraneShares Sustainable Ultra Short Duration Index... | -0.12 | — | — | 95 | Ultrashort Bond | FUTY vs KCSH |
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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 Valero Energy Corporation (VLO) (Energy) with a 1Y correlation of -0.08, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Valero Energy Corporation | -0.08 | 0.10 | 0.12 | 93 | Energy | |
| Palo Alto Networks, Inc. | -0.08 | 0.03 | 0.09 | 67 | Technology | |
| Oracle Corporation | -0.04 | 0.09 | 0.18 | 58 | Technology | |
| Amazon.com, Inc | -0.03 | 0.04 | 0.14 | 60 | Consumer Cyclical | |
| CrowdStrike Holdings, Inc. | 0.00 | 0.03 | 0.08 | 70 | Technology |
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Build a portfolio that complements FUTY
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