Looking to diversify beyond FMKT? The ETFs below have historically moved differently from FMKT, 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 FMKT
477 ETFs have low correlation with FMKT (below 0.3), 50 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 | -0.61 | — | — | 52 | Inverse Equities | FMKT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.60 | — | — | 61 | Inverse Equities, Leveraged Equities | FMKT vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.57 | — | — | 75 | Derivative Income | FMKT vs WNTR | |
| ProShares Short Bitcoin ETF | -0.57 | — | — | 61 | Cryptocurrency | FMKT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.57 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FMKT vs SBIT |
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