Looking to diversify beyond FEX? The ETFs below have historically moved differently from FEX, 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 FEX
335 ETFs have low correlation with FEX (below 0.3), 47 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 61 | Inverse Equities, Leveraged Equities | FEX vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.42 | -0.36 | — | 61 | Cryptocurrency | FEX vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FEX vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 52 | Inverse Equities | FEX vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 75 | Derivative Income | FEX vs WNTR |
See all 2229 diversifiers for FEX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FEX
Add FEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FEX