Looking to diversify beyond FDG? The ETFs below have the lowest correlation with FDG — 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 FDG.
Best Diversifiers for FDG
475 ETFs have low correlation with FDG (below 0.3), 94 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 | -0.53 | — | — | 60 | Inverse Equities | FDG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.52 | — | — | 68 | Inverse Equities, Leveraged Equities | FDG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.51 | — | — | 70 | Derivative Income | FDG vs WNTR | |
| ProShares Short Bitcoin ETF | -0.46 | -0.37 | -0.40 | 57 | Cryptocurrency | FDG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FDG vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FDG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FDG and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.09, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.09 | 0.14 | 0.32 | 53 | Financial Services |
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