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Looking to diversify beyond FVAL? The ETFs below have the lowest correlation with FVAL — 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 FVAL.

Best Diversifiers for FVAL

282 ETFs have low correlation with FVAL (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, down from -0.02 over 5 years.


See all 2076 diversifiers for FVAL

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from FVAL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FVAL and solid risk/return profiles. The least correlated is Micron Technology, Inc. (MU) (Technology) with a 1Y correlation of 0.46, roughly unchanged from 0.55 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Micron Technology, Inc.0.460.480.55
99
Technology
Taiwan Semiconductor Manufacturing Company Limited0.500.530.56
95
Technology

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Diversification Analysis

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