Looking to diversify beyond FKU? The ETFs below have the lowest correlation with FKU — 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 FKU.
Best Diversifiers for FKU
265 ETFs have low correlation with FKU (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.26 | -0.19 | 75 | Leveraged Currency | FKU vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | -0.30 | -0.30 | 60 | Inverse Equities, Leveraged Equities | FKU vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | — | — | 53 | Inverse Equities | FKU vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.27 | — | — | 65 | Derivative Income | FKU vs WNTR | |
| United States Gasoline Fund LP | -0.25 | -0.06 | 0.02 | 72 | Oil & Gas | FKU vs UGA |
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