Looking to diversify beyond FARX? The ETFs below have historically moved differently from FARX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FARX
564 ETFs have low correlation with FARX (below 0.3), 47 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | — | — | 61 | Cryptocurrency | FARX vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FARX vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 52 | Inverse Equities | FARX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 61 | Inverse Equities, Leveraged Equities | FARX vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.29 | — | — | 75 | Derivative Income | FARX vs WNTR |
See all 2226 diversifiers for FARX
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