Looking to balance out your exposure to FVRR? The ETFs below have the lowest correlation with FVRR — they tend to move on their own, which can help reduce risk when FVRR drops. The stock ideas table highlights individual companies that behave independently from FVRR.
Best Diversifiers for FVRR
4 ETFs have low correlation with FVRR (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.13, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.13 | 0.30 | 0.41 | 96 | Semiconductors, Technology Equities | FVRR vs SMH | |
| Fidelity High Dividend ETF | 0.20 | 0.33 | 0.38 | 64 | Large Cap Blend Equities, Dividend | FVRR vs FDVV | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.25 | 0.36 | 0.47 | 57 | S&P 500, Large Cap Growth Equities | FVRR vs SPYG | |
| Vanguard Information Technology ETF | 0.27 | 0.38 | 0.48 | 76 | Technology Equities | FVRR vs VGT | |
| Vanguard S&P 500 ETF | 0.30 | 0.40 | 0.47 | 70 | S&P 500 | FVRR vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FVRR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FVRR and solid risk/return profiles. The least correlated is Teradyne, Inc. (TER) (Technology) with a 1Y correlation of 0.04, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Teradyne, Inc. | 0.04 | 0.32 | 0.39 | 98 | Technology | |
| Nebius Group N.V. | 0.06 | 0.21 | 0.21 | 97 | Communication Services | |
| Advanced Micro Devices, Inc. | 0.07 | 0.25 | 0.37 | 98 | Technology | |
| Tesla, Inc. | 0.11 | 0.29 | 0.38 | 55 | Consumer Cyclical | |
| Intellia Therapeutics, Inc. | 0.11 | 0.26 | 0.39 | 63 | Healthcare |
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Build a portfolio that complements FVRR
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