Looking to diversify beyond FCLD? The ETFs below have historically moved differently from FCLD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FCLD
758 ETFs have low correlation with FCLD (below 0.3), 126 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 52 | Inverse Equities | FCLD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 61 | Inverse Equities, Leveraged Equities | FCLD vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.41 | — | — | 75 | Derivative Income | FCLD vs WNTR | |
| ProShares Short Bitcoin ETF | -0.40 | -0.36 | — | 61 | Cryptocurrency | FCLD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FCLD vs SBIT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FCLD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.07, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.07 | 0.12 | 0.24 | 61 | Financial Services | |
| AST SpaceMobile, Inc. | 0.29 | 0.36 | 0.40 | 52 | Technology | |
| NVIDIA Corporation | 0.31 | 0.47 | 0.60 | 56 | Technology | |
| Rocket Lab USA, Inc. | 0.34 | 0.46 | — | 62 | Industrials | |
| Intuitive Machines, Inc. | 0.37 | 0.37 | 0.26 | 52 | Industrials |
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