Looking to diversify beyond FPXE? The ETFs below have the lowest correlation with FPXE — 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 FPXE.
Best Diversifiers for FPXE
352 ETFs have low correlation with FPXE (below 0.3), 70 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 63 | Inverse Equities | FPXE vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 70 | Inverse Equities, Leveraged Equities | FPXE vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.40 | -0.34 | -0.35 | 52 | Cryptocurrency | FPXE vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 73 | Derivative Income | FPXE vs WNTR | |
| Invesco DB Energy Fund | -0.29 | -0.08 | 0.07 | 57 | Oil & Gas | FPXE vs DBE |
See all 2061 diversifiers for FPXE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FPXE
Add FPXE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FPXE