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12 Stocks and 88 ETFs for diversifying FDIS (FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF)

The least correlated asset to FDIS (FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF) is ETF SCC (ProShares UltraShort Consumer Discretionary). The correlation is -0.9594.

Stocks that lowly correlated with FDIS

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.57
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.57
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.56
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.53
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.48
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.45
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.45
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.44
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.44
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.43
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.43
LINELineage Inc$9.85BReal EstateReit - Industrial-0.42

ETFs that lowly correlated with FDIS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.96
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.90
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.90
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.90
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.89
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.89
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.88
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.85
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.84
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.83
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.83
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.83
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.82
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.81
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.81
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.80
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.80
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.80
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.80
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.79
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.79
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.79
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.78
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.77
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.77
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.76
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.76
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.75
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.75
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.74
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.71
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.71
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.71
FNGDBank of Montreal$68MN/AJan 22, 2018-0.70
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.70
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.69
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.69
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.68
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.68
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.68
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.67
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.67
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.67
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.67
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.66
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.66
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.66
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.66
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.65
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.64
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.63
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.62
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.61
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.61
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.60
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.60
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.60
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.59
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.57
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.57
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.57
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.54
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.52
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.51
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.50
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.50
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.49
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.49
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.48
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.48
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.46
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.46
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.46
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.45
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.45
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.44
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.43
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.43