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16 Stocks and 84 ETFs for diversifying FDLO (FIDELITY LOW VOLATILITY FACTOR ETF)

The least correlated asset to FDLO (FIDELITY LOW VOLATILITY FACTOR ETF) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.9395.

Stocks that lowly correlated with FDLO

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.57
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.53
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.52
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.51
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.50
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.49
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.44
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.44
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.43
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.42
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.41
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.40
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.39
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.39

ETFs that lowly correlated with FDLO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.94
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.94
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.93
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.92
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.91
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.88
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.86
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.86
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.86
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.85
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.84
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.84
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.82
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.82
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.82
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.81
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.81
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.81
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.81
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.81
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.80
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.80
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.79
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.77
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.77
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.77
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.76
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.75
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.74
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.73
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.72
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.72
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.71
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.71
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.71
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.70
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.68
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.68
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.68
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.67
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.66
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.66
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.65
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.64
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.63
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.62
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.60
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.59
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.59
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.59
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.58
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.57
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.56
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.56
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.56
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.56
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.56
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.55
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.55
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.54
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.53
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.53
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.52
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.52
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.51
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.50
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.48
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.44
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.44
OILDBank of Montreal$53MN/ANov 8, 2021-0.44
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.43
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.42
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.42
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.40
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.40
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.39
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.39