Looking to diversify beyond FBT? The ETFs below have the lowest correlation with FBT — 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 FBT.
Best Diversifiers for FBT
421 ETFs have low correlation with FBT (below 0.3), 77 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.30, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.30 | -0.26 | -0.26 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FBT vs SBIT | |
| ProShares Short Bitcoin ETF | -0.30 | -0.24 | -0.27 | 57 | Cryptocurrency | FBT vs BITI | |
| Invesco DB US Dollar Index Bullish Fund | -0.30 | -0.23 | -0.27 | 51 | Currency | FBT vs UUP | |
| Invesco DB Energy Fund | -0.29 | -0.13 | -0.02 | 53 | Oil & Gas | FBT vs DBE | |
| United States Gasoline Fund LP | -0.28 | -0.12 | -0.02 | 78 | Oil & Gas | FBT vs UGA |
See all 1960 diversifiers for FBT
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