Looking to diversify beyond FFTY? The ETFs below have the lowest correlation with FFTY — 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 FFTY.
Best Diversifiers for FFTY
486 ETFs have low correlation with FFTY (below 0.3), 75 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.41, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | -0.45 | -0.45 | 60 | Inverse Equities | FFTY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 68 | Inverse Equities, Leveraged Equities | FFTY vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.41 | -0.37 | -0.37 | 57 | Cryptocurrency | FFTY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FFTY vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | -0.39 | -0.39 | 70 | Derivative Income | FFTY vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FFTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FFTY and solid risk/return profiles. The least correlated is Nutex Health Inc (NUTX) (Healthcare) with a 1Y correlation of 0.31, up from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nutex Health Inc | 0.31 | 0.24 | 0.20 | 67 | Healthcare |
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