Looking to diversify beyond FDRR? The ETFs below have historically moved differently from FDRR, 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 FDRR
338 ETFs have low correlation with FDRR (below 0.3), 65 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 58 | Derivative Income | FDRR vs WNTR | |
| Invesco DB Energy Fund | -0.32 | -0.08 | 0.09 | 54 | Oil & Gas | FDRR vs DBE | |
| United States Gasoline Fund, LP | -0.29 | -0.07 | 0.08 | 72 | Oil & Gas | FDRR vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.26 | -0.01 | 0.14 | 51 | Commodities | FDRR vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.22 | -0.00 | 0.14 | 51 | Commodities | FDRR vs COMT |
See all 2139 diversifiers for FDRR
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