Looking to diversify beyond FMCX? The ETFs below have historically moved differently from FMCX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FMCX
428 ETFs have low correlation with FMCX (below 0.3), 97 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 52 | Inverse Equities | FMCX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 61 | Inverse Equities, Leveraged Equities | FMCX vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.39 | -0.39 | 55 | Cryptocurrency, Leveraged Cryptocurrency | FMCX vs SBIT | |
| ProShares Short Bitcoin ETF | -0.45 | -0.33 | -0.35 | 61 | Cryptocurrency | FMCX vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.42 | — | — | 75 | Derivative Income | FMCX vs WNTR |
See all 2229 diversifiers for FMCX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FMCX
Add FMCX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FMCX