Looking to diversify beyond FEBZ? The ETFs below have historically moved differently from FEBZ, 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 FEBZ
394 ETFs have low correlation with FEBZ (below 0.3), 77 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.37 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.37 | — | 51 | Cryptocurrency | FEBZ vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 69 | Derivative Income | FEBZ vs WNTR | |
| Invesco DB Energy Fund | -0.26 | -0.09 | 0.07 | 66 | Oil & Gas | FEBZ vs DBE | |
| Invesco DB Oil Fund | -0.23 | -0.06 | 0.07 | 51 | Oil & Gas | FEBZ vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | -0.07 | -0.07 | 98 | Inflation-Protected Bonds | FEBZ vs IBIC |
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