Looking to diversify beyond FTEC? The ETFs below have the lowest correlation with FTEC — 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 FTEC.
Best Diversifiers for FTEC
498 ETFs have low correlation with FTEC (below 0.3), 106 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 | -0.47 | — | — | 56 | Inverse Equities | FTEC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 65 | Inverse Equities, Leveraged Equities | FTEC vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.45 | -0.35 | -0.38 | 53 | Cryptocurrency | FTEC vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | -0.46 | -0.46 | 70 | Derivative Income | FTEC vs WNTR | |
| iShares Core High Dividend ETF | -0.22 | 0.03 | 0.27 | 74 | Dividend, Large Cap Value Equities | FTEC vs HDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTEC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTEC and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.42, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.42 | -0.26 | -0.07 | 65 | Utilities | |
| Chubb Limited | -0.38 | -0.14 | 0.08 | 83 | Financial Services | |
| Altria Group, Inc. | -0.38 | -0.18 | -0.03 | 78 | Consumer Defensive | |
| The Coca-Cola Company | -0.35 | -0.17 | 0.06 | 82 | Consumer Defensive | |
| The Southern Company | -0.34 | -0.21 | -0.02 | 58 | Utilities |
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