Looking to diversify beyond FDVV? The ETFs below have the lowest correlation with FDVV — 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 FDVV.
Best Diversifiers for FDVV
300 ETFs have low correlation with FDVV (below 0.3), 36 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.40, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | -0.37 | -0.37 | 60 | Inverse Equities, Leveraged Equities | FDVV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | -0.38 | -0.38 | 53 | Inverse Equities | FDVV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 65 | Derivative Income | FDVV vs WNTR | |
| ProShares UltraShort Yen | -0.26 | -0.11 | -0.07 | 75 | Leveraged Currency | FDVV vs YCS | |
| United States Gasoline Fund LP | -0.19 | 0.02 | 0.17 | 72 | Oil & Gas | FDVV vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FDVV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FDVV and solid risk/return profiles. The least correlated is Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.01, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.01 | 0.24 | 0.37 | 60 | Energy | |
| Exxon Mobil Corporation | 0.01 | 0.25 | 0.40 | 71 | Energy | |
| Altria Group, Inc. | 0.02 | 0.20 | 0.31 | 79 | Consumer Defensive | |
| Chevron Corporation | 0.02 | 0.27 | 0.42 | 67 | Energy | |
| Energy Transfer LP | 0.03 | 0.33 | 0.46 | 80 | Energy |
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