Looking to diversify beyond FBYY? The ETFs below have the lowest correlation with FBYY — 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 FBYY.
Best Diversifiers for FBYY
2 ETFs have low correlation with FBYY (below 0.3), 0 of which are negatively correlated. The least correlated is VistaShares Target 15™ Berkshire Select Income ETF (OMAH) (Derivative Income) with a 1Y correlation of 0.25, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VistaShares Target 15™ Berkshire Select Income ETF | 0.25 | 0.25 | 0.25 | 51 | Derivative Income | FBYY vs OMAH | |
| YieldMax Semiconductor Portfolio Option Income ETF | 0.27 | 0.27 | 0.27 | 95 | Derivative Income, Semiconductors | FBYY vs CHPY | |
| SoFi Enhanced Yield ETF | 0.31 | 0.31 | 0.31 | 94 | Derivative Income | FBYY vs THTA | |
| Main Buywrite ETF | 0.34 | 0.34 | 0.34 | 77 | Derivative Income | FBYY vs BUYW | |
| YieldMax TSM Option Income Strategy ETF | 0.35 | 0.35 | 0.35 | 84 | Derivative Income | FBYY vs TSMY |
See all 8 diversifiers for FBYY
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Diversification Analysis
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