Looking to diversify beyond FDIQ? The ETFs below have the lowest correlation with FDIQ — 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 FDIQ.
Best Diversifiers for FDIQ
985 ETFs have low correlation with FDIQ (below 0.3), 56 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.24, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.24 | -0.26 | -0.26 | 68 | Inverse Equities, Leveraged Equities | FDIQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.24 | -0.26 | -0.26 | 60 | Inverse Equities | FDIQ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.21 | — | — | 70 | Derivative Income | FDIQ vs WNTR | |
| ProShares Short Bitcoin ETF | -0.21 | -0.24 | -0.26 | 57 | Cryptocurrency | FDIQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.21 | -0.26 | -0.26 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FDIQ vs SBIT |
See all 2040 diversifiers for FDIQ
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