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9 Stocks and 91 ETFs for diversifying FAUG (FT VEST U.S. EQUITY BUFFER ETF - AUGUST)

The least correlated asset to FAUG (FT VEST U.S. EQUITY BUFFER ETF - AUGUST) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.9638.

Stocks that lowly correlated with FAUG

SymbolName
Market cap
SectorIndustry
Correlation
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.56
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.53
PROPPrairie Operating Co. Common Stock$72MEnergyOil & Gas E&p-0.51
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.51
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.49
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.48
KCHVKochav Defense Acquisition Corp - Class A$262MFinancial ServicesShell Companies-0.46
OYSEOyster Enterprises II Acquisition Corp$267MFinancial ServicesShell Companies-0.45
NYAXNayax Ltd$2.65BTechnologySoftware - Infrastructure-0.43

ETFs that lowly correlated with FAUG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $198M0.48%Jun 8, 2016-0.96
SHProShares Short S&P500 -1x Shares$981M0.89%Jun 19, 2006-0.96
SDSProShares UltraShort S&P500 -2x Shares$433MN/AJul 11, 2006-0.96
DOGPROSHARES SHORT DOW30 $109M0.95%Jun 19, 2006-0.91
DXDPROSHARES ULTRASHORT DOW30 $48MN/AJul 11, 2006-0.91
MYYPROSHARES SHORT MIDCAP400 $2.60M0.95%Jun 19, 2006-0.90
MZZPROSHARES ULTRASHORT MIDCAP400 $701KN/AJul 11, 2006-0.90
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$16MN/ANov 7, 2019-0.89
SIJProShares UltraShort Industrials -2x Shares$6.30MN/AJan 30, 2007-0.89
TWMProShares UltraShort Russell2000 -2x Shares$51MN/AJan 23, 2007-0.89
RWMPROSHARES SHORT RUSSELL2000 $119M0.95%Jan 23, 2007-0.89
SJBPROSHARES SHORT HIGH YIELD $67M0.95%Mar 21, 2011-0.87
PSQProShares Short QQQ -1x Shares$658M0.95%Jun 19, 2006-0.87
SBBProShares Short SmallCap600 -1x Shares$3.60M0.95%Jan 23, 2007-0.87
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.40MN/AJan 23, 2007-0.87
SCCProShares UltraShort Consumer Discretionary$5.90MN/AJan 30, 2007-0.87
SEFProShares Short Financials -1x Shares$15M0.95%Jun 10, 2008-0.86
SKFProShares UltraShort Financials -2x Shares$15MN/AMay 23, 2007-0.86
SDOWProShares UltraPro Short Dow30 -3x Shares$177MN/AFeb 9, 2010-0.86
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $13M1.11%Aug 14, 2024-0.86
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.10MN/AMay 15, 2024-0.84
EFUProShares UltraShort MSCI EAFE -2x Shares$1.30MN/AOct 23, 2007-0.83
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $28M0.50%Mar 6, 2024-0.83
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.83
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9.30M6.22%Jul 10, 2018-0.82
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.81
REKPROSHARES SHORT REAL ESTATE $11M0.95%Mar 16, 2010-0.81
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.80
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $63M3.62%Jan 26, 2011-0.80
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.80
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.10M1.05%Jul 23, 2024-0.79
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $7.30MN/ANov 7, 2019-0.78
UVIX2x Long VIX Futures ETF$411MN/AMar 28, 2022-0.78
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.78
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $79M0.79%Jun 28, 2024-0.76
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.76
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$3.20MN/AOct 30, 2007-0.76
EWVProShares UltraShort MSCI Japan -2x Shares$6.50MN/ANov 6, 2007-0.76
EUMProShares Short MSCI Emerging Markets -1x Shares$10M0.95%Oct 30, 2007-0.75
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.75
TAILCAMBRIA TAIL RISK ETF $151M0.59%Apr 5, 2017-0.73
REWProShares UltraShort Technology -2x Shares$2.50MN/AJan 30, 2007-0.73
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$36M0.89%Jan 17, 2018-0.72
VIXMProShares VIX Mid-Term Futures ETF$45M0.92%Jan 3, 2011-0.72
SARKTRADR 1X SHORT INNOVATION DAILY ETF $52M0.92%Nov 5, 2021-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.72
SZKProShares UltraShort Consumer Staples$4.80MN/AJan 30, 2007-0.71
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.71
METDDIREXION DAILY META BEAR 1X SHARES $7.50M1.02%Jun 5, 2024-0.71
SMDDProShares UltraPro Short MidCap400 -3x Shares$2.10MN/AFeb 9, 2010-0.70
AVSDIREXION DAILY AVGO BEAR 1X SHARES $4.90M1.03%Oct 9, 2024-0.70
SPXUProShares UltraPro Short S&P 500$463MN/AJun 23, 2009-0.69
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$30M0.35%Jul 29, 2025-0.69
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $28MN/ADec 17, 2008-0.68
TNGYTORTOISE ENERGY ETF $532M0.85%Dec 27, 2010-0.67
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $63MN/AAug 21, 2023-0.65
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $276M1.40%Sep 13, 2011-0.65
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $28MN/AOct 18, 2023-0.65
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $22M1.01%Sep 12, 2023-0.64
QIDPROSHARES ULTRASHORT QQQ $236MN/AJul 11, 2006-0.63
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $2M0.15%Jul 22, 2025-0.62
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$77MN/AMay 28, 2015-0.61
SRTYProShares UltraPro Short Russell2000 -3x Shares$72MN/AFeb 9, 2010-0.60
RXDProShares UltraShort Health Care -2x Shares$5.30MN/AJan 30, 2007-0.60
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $28M1.03%Feb 11, 2025-0.59
SETHProShares Short Ether ETF$20M0.95%Nov 1, 2023-0.58
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $7.20MN/AJan 3, 2024-0.58
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $18M0.96%Aug 8, 2022-0.57
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $174MN/AMay 28, 2015-0.57
SDPProShares UltraShort Utilities -2x Shares$4.40MN/AJan 30, 2007-0.55
ETHDProShares UltraShort Ether ETF$91MN/AJun 6, 2024-0.55
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.40MN/AApr 6, 2010-0.54
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $34MN/AJul 16, 2009-0.54
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $14M1.02%Sep 6, 2022-0.53
DUGProShares UltraShort Energy$30MN/AJan 30, 2007-0.51
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.10MN/AJun 16, 2009-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $52MN/ANov 6, 2008-0.50
WTIDBank of Montreal$15MN/AFeb 16, 2023-0.50
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $36M1.05%Jul 9, 2024-0.49
QCMDDirexion Daily QCOM Bear 1X ETF$2.30M1.00%Jun 24, 2025-0.49
MUDDirexion Daily MU Bear 1X Shares$73M1.02%Oct 9, 2024-0.49
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$54M0.50%Dec 9, 2024-0.48
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.48
BRKUDIREXION DAILY BRKB BULL 2X SHARES $49MN/ADec 10, 2024-0.47
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $10MN/AMar 20, 2025-0.47
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.47
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $125M0.07%Nov 7, 2024-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.50BN/ANov 24, 2008-0.45
SHRTGOTHAM SHORT STRATEGIES ETF $15M1.35%Jul 31, 2017-0.44
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.30MN/AMar 31, 2025-0.43
OILDBank of Montreal$45MN/ANov 8, 2021-0.43