Looking to diversify beyond FBDC? The ETFs below have historically moved differently from FBDC, 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 FBDC
864 ETFs have low correlation with FBDC (below 0.3), 68 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 61 | Inverse Equities, Leveraged Equities | FBDC vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.33 | — | — | 75 | Derivative Income | FBDC vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 52 | Inverse Equities | FBDC vs SMST | |
| ProShares Short Bitcoin ETF | -0.32 | — | — | 61 | Cryptocurrency | FBDC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FBDC vs SBIT |
See all 2228 diversifiers for FBDC
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