Looking to diversify beyond FEBZ? The ETFs below have the lowest correlation with FEBZ — 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 FEBZ.
Best Diversifiers for FEBZ
365 ETFs have low correlation with FEBZ (below 0.3), 56 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.48, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | -0.47 | -0.47 | 53 | Inverse Equities | FEBZ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | -0.46 | -0.46 | 60 | Inverse Equities, Leveraged Equities | FEBZ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | -0.48 | -0.48 | 65 | Derivative Income | FEBZ vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.24 | -0.20 | -0.20 | 51 | Multistrategy | FEBZ vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.06 | -0.06 | 98 | Inflation-Protected Bonds | FEBZ vs IBIC |
See all 2051 diversifiers for FEBZ
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