Looking to diversify beyond FNOV? The ETFs below have the lowest correlation with FNOV — 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 FNOV.
Best Diversifiers for FNOV
352 ETFs have low correlation with FNOV (below 0.3), 53 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 60 | Inverse Equities, Leveraged Equities | FNOV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 53 | Inverse Equities | FNOV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 65 | Derivative Income | FNOV vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.26 | -0.19 | -0.19 | 51 | Multistrategy | FNOV vs RSBY | |
| United States Gasoline Fund LP | -0.20 | -0.04 | 0.07 | 72 | Oil & Gas | FNOV vs UGA |
See all 2051 diversifiers for FNOV
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Diversification Analysis
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