Looking to diversify beyond FHEQ? The ETFs below have the lowest correlation with FHEQ — 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 FHEQ.
Best Diversifiers for FHEQ
390 ETFs have low correlation with FHEQ (below 0.3), 58 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 53 | Inverse Equities | FHEQ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 60 | Inverse Equities, Leveraged Equities | FHEQ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 65 | Derivative Income | FHEQ vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.21 | — | — | 51 | Multistrategy | FHEQ vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | FHEQ vs IBIC |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements FHEQ
Add FHEQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FHEQ