Looking to diversify beyond FYT? The ETFs below have the lowest correlation with FYT — 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 FYT.
Best Diversifiers for FYT
433 ETFs have low correlation with FYT (below 0.3), 45 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 | -0.27 | — | — | 60 | Inverse Equities, Leveraged Equities | FYT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | — | — | 53 | Inverse Equities | FYT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | — | — | 65 | Derivative Income | FYT vs WNTR | |
| ProShares UltraShort Yen | -0.17 | -0.11 | -0.06 | 75 | Leveraged Currency | FYT vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | 0.01 | 0.01 | 99 | Ultrashort Bond | FYT vs CSHP |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FYT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FYT and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of 0.07, down from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | 0.07 | 0.27 | 0.36 | 67 | Energy | |
| Exxon Mobil Corporation | 0.07 | 0.26 | 0.36 | 71 | Energy | |
| Shell plc | 0.13 | 0.28 | 0.35 | 68 | Energy | |
| Cisco Systems, Inc. | 0.20 | 0.33 | 0.42 | 94 | Technology |
Build a portfolio that complements FYT
Add FYT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FYT