Looking to diversify beyond FDN? The ETFs below have the lowest correlation with FDN — 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 FDN.
Best Diversifiers for FDN
503 ETFs have low correlation with FDN (below 0.3), 43 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 51 | Derivative Income | FDN vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.38 | — | — | 63 | Inverse Equities | FDN vs NFXS | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 99 | Ultrashort Bond | FDN vs BAMU | |
| United States Gasoline Fund LP | -0.13 | -0.01 | 0.06 | 60 | Oil & Gas | FDN vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | FDN vs IBIC |
See all 1943 diversifiers for FDN
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Diversification Analysis
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