Looking to diversify beyond FTQI? The ETFs below have the lowest correlation with FTQI — 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 FTQI.
Best Diversifiers for FTQI
430 ETFs have low correlation with FTQI (below 0.3), 84 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.50, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.50 | -0.47 | -0.47 | 56 | Inverse Equities | FTQI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 65 | Inverse Equities, Leveraged Equities | FTQI vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.49 | -0.37 | -0.39 | 53 | Cryptocurrency | FTQI vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 70 | Derivative Income | FTQI vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.25 | — | — | 54 | Multistrategy | FTQI vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTQI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTQI and solid risk/return profiles. The least correlated is Plains All American Pipeline, L.P. (PAA) (Energy) with a 1Y correlation of -0.17, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Plains All American Pipeline, L.P. | -0.17 | 0.15 | 0.33 | 87 | Energy | |
| Par Pacific Holdings, Inc. | -0.09 | 0.08 | 0.24 | 89 | Energy | |
| Vista Oil & Gas, S.A.B. de C.V. | 0.02 | 0.18 | 0.25 | 73 | Energy | |
| PIMCO Dynamic Income Opportunities Fund | 0.32 | 0.36 | 0.38 | 68 | Financial Services | |
| Reaves Utility Income Trust | 0.49 | 0.42 | 0.46 | 74 | Financial Services |
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Build a portfolio that complements FTQI
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