Looking to balance out your exposure to FWRG? The ETFs below have the lowest correlation with FWRG — they tend to move on their own, which can help reduce risk when FWRG drops. The stock ideas table highlights individual companies that behave independently from FWRG.
Best Diversifiers for FWRG
158 ETFs have low correlation with FWRG (below 0.3), 6 of which are negatively correlated. The least correlated is Vanguard 0-3 Month Treasury Bill ETF (VBIL) (Ultrashort Bond) with a 1Y correlation of -0.05, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.05 | -0.05 | -0.05 | 100 | Ultrashort Bond | FWRG vs VBIL | |
| iShares Treasury Floating Rate Bond ETF | -0.05 | -0.07 | — | 100 | Government Bonds, Ultrashort Bond | FWRG vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | -0.02 | 0.01 | — | 100 | Government Bonds, Ultrashort Bond | FWRG vs USFR | |
| Alpha Architect 1-3 Month Box ETF | -0.01 | -0.00 | — | 100 | Ultrashort Bond | FWRG vs BOXX | |
| iShares 0-1 Year Treasury Bond ETF | -0.00 | 0.03 | 0.04 | 100 | Government Bonds, Ultrashort Bond | FWRG vs SHV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FWRG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FWRG and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.06, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.06 | -0.03 | 0.01 | 67 | Utilities | |
| The Southern Company | -0.06 | -0.04 | -0.00 | 59 | Utilities | |
| Lockheed Martin Corporation | -0.03 | 0.01 | 0.00 | 56 | Industrials | |
| Nebius Group N.V. | -0.02 | 0.13 | 0.13 | 96 | Communication Services | |
| Altria Group, Inc. | -0.01 | 0.01 | 0.05 | 78 | Consumer Defensive |
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Build a portfolio that complements FWRG
Add FWRG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FWRG