Looking to diversify beyond FDIQ? The ETFs below have historically moved differently from FDIQ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FDIQ
1115 ETFs have low correlation with FDIQ (below 0.3), 69 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.23 | — | — | 61 | Inverse Equities, Leveraged Equities | FDIQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.23 | — | — | 52 | Inverse Equities | FDIQ vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.21 | — | — | 75 | Derivative Income | FDIQ vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.19 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FDIQ vs SBIT | |
| ProShares Short Bitcoin ETF | -0.19 | -0.23 | — | 61 | Cryptocurrency | FDIQ vs BITI |
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