Looking to diversify beyond FNOV? The ETFs below have historically moved differently from FNOV, 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 FNOV
405 ETFs have low correlation with FNOV (below 0.3), 82 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 61 | Inverse Equities, Leveraged Equities | FNOV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 52 | Inverse Equities | FNOV vs SMST | |
| ProShares Short Bitcoin ETF | -0.45 | -0.33 | — | 61 | Cryptocurrency | FNOV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FNOV vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | — | — | 75 | Derivative Income | FNOV vs WNTR |
See all 2228 diversifiers for FNOV
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FNOV
Add FNOV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FNOV