Looking to diversify beyond FDEC? The ETFs below have the lowest correlation with FDEC — 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 FDEC.
Best Diversifiers for FDEC
367 ETFs have low correlation with FDEC (below 0.3), 70 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 | -0.46 | — | — | 56 | Inverse Equities | FDEC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 65 | Inverse Equities, Leveraged Equities | FDEC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.32 | -0.35 | 53 | Cryptocurrency | FDEC vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | FDEC vs WNTR | |
| Invesco DB Energy Fund | -0.28 | -0.08 | 0.06 | 57 | Oil & Gas | FDEC vs DBE |
See all 2059 diversifiers for FDEC
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Diversification Analysis
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