Looking to diversify beyond FOCT? The ETFs below have the lowest correlation with FOCT — 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 FOCT.
Best Diversifiers for FOCT
369 ETFs have low correlation with FOCT (below 0.3), 68 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.45, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | -0.42 | -0.42 | 60 | Inverse Equities | FOCT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | -0.42 | -0.42 | 68 | Inverse Equities, Leveraged Equities | FOCT vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.34 | -0.36 | 57 | Cryptocurrency | FOCT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FOCT vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | FOCT vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FOCT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FOCT and solid risk/return profiles. The least correlated is SPX Corporation (SPXC) (Industrials) with a 1Y correlation of 0.50, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| SPX Corporation | 0.50 | 0.53 | 0.56 | 66 | Industrials |
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