Looking to diversify beyond FELV? The ETFs below have the lowest correlation with FELV — 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 FELV.
Best Diversifiers for FELV
325 ETFs have low correlation with FELV (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.34 | -0.34 | 53 | Cryptocurrency | FELV vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 65 | Inverse Equities, Leveraged Equities | FELV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | -0.34 | -0.34 | 56 | Inverse Equities | FELV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 70 | Derivative Income | FELV vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.24 | — | — | 54 | Multistrategy | FELV vs RSBY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FELV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FELV and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | 0.00 | — | — | 82 | Consumer Defensive | |
| Johnson & Johnson | 0.10 | — | — | 97 | Healthcare |
Build a portfolio that complements FELV
Add FELV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FELV