Looking to diversify beyond FTHI? The ETFs below have historically moved differently from FTHI, 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 FTHI
471 ETFs have low correlation with FTHI (below 0.3), 95 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 52 | Inverse Equities | FTHI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 61 | Inverse Equities, Leveraged Equities | FTHI vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.46 | -0.37 | — | 61 | Cryptocurrency | FTHI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | FTHI vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 75 | Derivative Income | FTHI vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FTHI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Applied Industrial Technologies, Inc. (AIT) (Industrials) with a 1Y correlation of 0.43, down from 0.59 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Industrial Technologies, Inc. | 0.43 | 0.57 | 0.59 | 76 | Industrials | |
| BlackRock Capital Allocation Term Trust | 0.56 | 0.58 | 0.61 | 95 | Financial Services |
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