Looking to diversify beyond FINX? The ETFs below have the lowest correlation with FINX — 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 FINX.
Best Diversifiers for FINX
432 ETFs have low correlation with FINX (below 0.3), 63 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.63, roughly unchanged from -0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.63 | -0.60 | -0.60 | 65 | Inverse Equities, Leveraged Equities | FINX vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.63 | -0.60 | -0.60 | 56 | Inverse Equities | FINX vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.59 | — | — | 70 | Derivative Income | FINX vs WNTR | |
| ProShares Short Bitcoin ETF | -0.57 | -0.52 | -0.51 | 53 | Cryptocurrency | FINX vs BITI | |
| Direxion Daily MU Bull 2X Shares | -0.38 | -0.38 | -0.38 | 99 | Leveraged Equities, Semiconductors | FINX vs MUU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FINX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FINX and solid risk/return profiles. The least correlated is Block, Inc (XYZ) (Technology) with a 1Y correlation of 0.78, roughly unchanged from 0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Block, Inc | 0.78 | 0.77 | 0.81 | 56 | Technology |
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