Looking to diversify beyond FDMO? The ETFs below have the lowest correlation with FDMO — 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 FDMO.
Best Diversifiers for FDMO
433 ETFs have low correlation with FDMO (below 0.3), 81 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.50, down from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.50 | -0.39 | -0.39 | 53 | Cryptocurrency | FDMO vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 65 | Inverse Equities, Leveraged Equities | FDMO vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | -0.49 | -0.49 | 56 | Inverse Equities | FDMO vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | -0.48 | -0.48 | 70 | Derivative Income | FDMO vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.26 | — | — | 54 | Multistrategy | FDMO vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FDMO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FDMO and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.26, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.26 | -0.06 | 0.15 | 82 | Consumer Defensive | |
| Altria Group, Inc. | -0.25 | -0.07 | 0.08 | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.24 | -0.10 | 0.04 | 65 | Utilities | |
| Verizon Communications Inc. | -0.24 | -0.09 | 0.06 | 57 | Communication Services | |
| Colgate-Palmolive Company | -0.21 | -0.06 | 0.09 | 50 | Consumer Defensive |
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