Looking to diversify beyond FBUF? The ETFs below have the lowest correlation with FBUF — 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 FBUF.
Best Diversifiers for FBUF
421 ETFs have low correlation with FBUF (below 0.3), 74 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.43, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.44 | -0.44 | 56 | Inverse Equities | FBUF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.43 | -0.43 | 65 | Inverse Equities, Leveraged Equities | FBUF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | -0.42 | -0.42 | 70 | Derivative Income | FBUF vs WNTR | |
| ProShares Short Bitcoin ETF | -0.40 | -0.40 | -0.40 | 53 | Cryptocurrency | FBUF vs BITI | |
| Invesco DB Energy Fund | -0.23 | — | — | 57 | Oil & Gas | FBUF vs DBE |
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