Looking to diversify beyond FTHI? The ETFs below have the lowest correlation with FTHI — 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 FTHI.
Best Diversifiers for FTHI
410 ETFs have low correlation with FTHI (below 0.3), 74 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 68 | Inverse Equities, Leveraged Equities | FTHI vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | -0.44 | -0.44 | 53 | Inverse Equities | FTHI vs SMST | |
| ProShares Short Bitcoin ETF | -0.43 | -0.37 | -0.36 | 57 | Cryptocurrency | FTHI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | FTHI vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | FTHI vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTHI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTHI and solid risk/return profiles. The least correlated is Applied Industrial Technologies, Inc. (AIT) (Industrials) with a 1Y correlation of 0.44, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Industrial Technologies, Inc. | 0.44 | 0.57 | 0.59 | 78 | Industrials | |
| BlackRock Capital Allocation Term Trust | 0.54 | 0.58 | 0.61 | 94 | Financial Services |
Build a portfolio that complements FTHI
Add FTHI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FTHI