Looking to diversify beyond FYT? The ETFs below have the lowest correlation with FYT — 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 FYT.
Best Diversifiers for FYT
370 ETFs have low correlation with FYT (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.19 | -0.11 | -0.06 | 61 | Leveraged Currency | FYT vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.03 | -0.02 | 100 | Government Bonds, Ultrashort Bond | FYT vs USFR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | 0.02 | 0.02 | 99 | Ultrashort Bond | FYT vs CSHP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.11 | -0.11 | 97 | Inflation-Protected Bonds | FYT vs RBIL | |
| iShares Diversified Commodity Swap UCITS ETF | -0.11 | -0.02 | -0.03 | 77 | Commodities | FYT vs ISCMF |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FYT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FYT and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.10, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.10 | 0.28 | 0.37 | 68 | Energy | |
| Chevron Corporation | 0.11 | 0.31 | 0.40 | 68 | Energy | |
| Shell plc | 0.18 | 0.30 | 0.36 | 61 | Energy | |
| Cisco Systems, Inc. | 0.23 | 0.37 | 0.47 | 94 | Technology |
Build a portfolio that complements FYT
Add FYT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FYT