Looking to diversify beyond IFED? The ETFs below have the lowest correlation with IFED — 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 IFED.
Best Diversifiers for IFED
480 ETFs have low correlation with IFED (below 0.3), 63 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.42, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.38 | -0.38 | 68 | Inverse Equities, Leveraged Equities | IFED vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | -0.39 | -0.39 | 60 | Inverse Equities | IFED vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 70 | Derivative Income | IFED vs WNTR | |
| ProShares Short Bitcoin ETF | -0.36 | -0.33 | -0.36 | 57 | Cryptocurrency | IFED vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | IFED vs SBIT |
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