Looking to diversify beyond FDRR? The ETFs below have the lowest correlation with FDRR — 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 FDRR.
Best Diversifiers for FDRR
372 ETFs have low correlation with FDRR (below 0.3), 72 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 | -0.46 | — | — | 63 | Inverse Equities | FDRR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 70 | Inverse Equities, Leveraged Equities | FDRR vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | — | 52 | Cryptocurrency | FDRR vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 73 | Derivative Income | FDRR vs WNTR | |
| Invesco DB Energy Fund | -0.29 | -0.05 | 0.11 | 57 | Oil & Gas | FDRR vs DBE |
See all 2070 diversifiers for FDRR
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Diversification Analysis
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