Looking to diversify beyond FCFY? The ETFs below have the lowest correlation with FCFY — 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 FCFY.
Best Diversifiers for FCFY
465 ETFs have low correlation with FCFY (below 0.3), 35 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 | -0.33 | — | — | 60 | Inverse Equities, Leveraged Equities | FCFY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 53 | Inverse Equities | FCFY vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | — | — | 65 | Derivative Income | FCFY vs WNTR | |
| United States Gasoline Fund LP | -0.18 | — | — | 72 | Oil & Gas | FCFY vs UGA | |
| ProShares UltraShort Yen | -0.14 | — | — | 75 | Leveraged Currency | FCFY vs YCS |
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