Looking to diversify beyond FCLD? The ETFs below have the lowest correlation with FCLD — 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 FCLD.
Best Diversifiers for FCLD
621 ETFs have low correlation with FCLD (below 0.3), 96 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 -0.47 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.47 | — | 60 | Inverse Equities | FCLD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | FCLD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | FCLD vs WNTR | |
| ProShares Short Bitcoin ETF | -0.38 | -0.36 | -0.39 | 57 | Cryptocurrency | FCLD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FCLD vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCLD and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.07, down from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.07 | 0.13 | — | 53 | Financial Services | |
| AST SpaceMobile, Inc. | 0.28 | 0.36 | 0.40 | 65 | Technology | |
| Rocket Lab USA, Inc. | 0.35 | 0.48 | — | 77 | Industrials | |
| Intuitive Machines, Inc. | 0.37 | 0.36 | 0.25 | 62 | Industrials | |
| Rigetti Computing Inc | 0.40 | 0.45 | 0.42 | 57 | Technology |
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