Looking to diversify beyond FCOM? The ETFs below have the lowest correlation with FCOM — 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 FCOM.
Best Diversifiers for FCOM
457 ETFs have low correlation with FCOM (below 0.3), 82 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 56 | Inverse Equities | FCOM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 65 | Inverse Equities, Leveraged Equities | FCOM vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 70 | Derivative Income | FCOM vs WNTR | |
| ProShares Short Bitcoin ETF | -0.34 | -0.33 | -0.35 | 53 | Cryptocurrency | FCOM vs BITI | |
| Direxion Daily MU Bull 2X Shares | -0.32 | -0.32 | -0.32 | 99 | Leveraged Equities, Semiconductors | FCOM vs MUU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FCOM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FCOM and solid risk/return profiles. The least correlated is AbbVie Inc. (ABBV) (Healthcare) with a 1Y correlation of -0.01, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AbbVie Inc. | -0.01 | 0.08 | 0.13 | 78 | Healthcare | |
| Eli Lilly and Company | 0.07 | 0.19 | 0.22 | 78 | Healthcare |
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