Looking to diversify beyond FTDS? The ETFs below have the lowest correlation with FTDS — 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 FTDS.
Best Diversifiers for FTDS
873 ETFs have low correlation with FTDS (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.17, up from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.17 | -0.24 | -0.28 | 57 | Cryptocurrency | FTDS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.17 | -0.25 | -0.25 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FTDS vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.13 | — | — | 68 | Inverse Equities, Leveraged Equities | FTDS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.13 | — | — | 60 | Inverse Equities | FTDS vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.10 | -0.21 | -0.21 | 70 | Derivative Income | FTDS vs WNTR |
See all 2040 diversifiers for FTDS
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FTDS
Add FTDS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FTDS