Looking to diversify beyond FFND? The ETFs below have the lowest correlation with FFND — 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 FFND.
Best Diversifiers for FFND
274 ETFs have low correlation with FFND (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 -0.47, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | -0.48 | -0.48 | 53 | Inverse Equities | FFND vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 60 | Inverse Equities, Leveraged Equities | FFND vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 65 | Derivative Income | FFND vs WNTR | |
| United States Gasoline Fund LP | -0.24 | -0.04 | 0.07 | 72 | Oil & Gas | FFND vs UGA | |
| Return Stacked Bonds & Futures Yield ETF | -0.23 | -0.20 | -0.20 | 51 | Multistrategy | FFND vs RSBY |
See all 2051 diversifiers for FFND
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