Looking to diversify beyond FDND? The ETFs below have the lowest correlation with FDND — 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 FDND.
Best Diversifiers for FDND
670 ETFs have low correlation with FDND (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 | -0.41 | — | — | 63 | Inverse Equities | FDND vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 70 | Inverse Equities, Leveraged Equities | FDND vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 73 | Derivative Income | FDND vs WNTR | |
| ProShares Short Bitcoin ETF | -0.36 | — | — | 52 | Cryptocurrency | FDND vs BITI | |
| Direxion Daily NFLX Bear 1X Shares | -0.36 | — | — | 57 | Inverse Equities | FDND vs NFXS |
See all 2063 diversifiers for FDND
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FDND
Add FDND to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FDND