Looking to diversify beyond FBOT? The ETFs below have the lowest correlation with FBOT — 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 FBOT.
Best Diversifiers for FBOT
441 ETFs have low correlation with FBOT (below 0.3), 78 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 61 | Inverse Equities, Leveraged Equities | FBOT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | — | — | 53 | Inverse Equities | FBOT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.46 | — | — | 69 | Derivative Income | FBOT vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.36 | -0.07 | -0.05 | 53 | Options Trading | FBOT vs CAOS | |
| Invesco DB Energy Fund | -0.25 | -0.07 | — | 58 | Oil & Gas | FBOT vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FBOT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FBOT and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.33, roughly unchanged from 0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.33 | 0.40 | — | 93 | Technology | |
| Delta Air Lines, Inc. | 0.50 | 0.51 | — | 83 | Industrials | |
| NVIDIA Corporation | 0.57 | 0.63 | — | 66 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.65 | 0.68 | — | 90 | Technology |
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