Looking to diversify beyond FDTS? The ETFs below have the lowest correlation with FDTS — 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 FDTS.
Best Diversifiers for FDTS
302 ETFs have low correlation with FDTS (below 0.3), 33 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 60 | Inverse Equities, Leveraged Equities | FDTS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 53 | Inverse Equities | FDTS vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 65 | Derivative Income | FDTS vs WNTR | |
| ProShares UltraShort Yen | -0.36 | -0.27 | -0.20 | 75 | Leveraged Currency | FDTS vs YCS | |
| United States Gasoline Fund LP | -0.20 | 0.01 | 0.13 | 72 | Oil & Gas | FDTS vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FDTS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FDTS and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.05, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.05 | 0.10 | 0.14 | 70 | Consumer Defensive | |
| Xcel Energy Inc. | 0.11 | 0.14 | 0.15 | 75 | Utilities | |
| NextEra Energy, Inc. | 0.20 | 0.23 | 0.23 | 72 | Utilities | |
| The Andersons, Inc. | 0.22 | 0.29 | 0.28 | 94 | Consumer Defensive | |
| Lumentum Holdings Inc. | 0.26 | 0.35 | 0.34 | 99 | Technology |
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