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FT Vest U.S. Equity Dual Directional Buffer ETF - February (DLFE) Diversifiers

ETF · Currency in USD · Last updated Jul 11, 2026

FT Vest U.S. Equity Dual Directional Buffer ETF - February seeks defined outcome exposure linked to the price return of the SPDR S&P 500 ETF Trust over an approximate one-year target outcome period. The strategy targets upside participation to a cap, dual directional returns within a threshold, and a 10% buffer against losses beyond that threshold before fees and expenses.

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

Best Diversifiers for DLFE

0 ETFs have low correlation with DLFE (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) (Alternative Energy Equities) with a 1Y correlation of 0.78, roughly unchanged from 0.78 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GRID
First Trust NASDAQ Clean Edge Smart Grid Infrastru...0.780.780.78
61
Alternative Energy EquitiesDLFE vs GRID
KFEB
Innovator U.S. Small Cap Power Buffer ETF - Februa...0.830.830.83
81
Defined OutcomeDLFE vs KFEB

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Diversification Analysis

Build a portfolio that complements DLFE

Add DLFE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with DLFE