Overview Holdings Performance Dividends Similar Etfs Correlations

5 Stocks and 95 ETFs for diversifying FDMO (FIDELITY MOMENTUM FACTOR ETF)

The least correlated asset to FDMO (FIDELITY MOMENTUM FACTOR ETF) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.9293.

Stocks that lowly correlated with FDMO

Symbol	Name	Market cap	Sector	Industry	Correlation
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.59
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.56
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.55
WSBK	Winchester Bancorp Inc	$119M	Financial Services	Banks - Regional	-0.46
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.46

ETFs that lowly correlated with FDMO

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$198M	0.48%	Jun 8, 2016	-0.93
SH	ProShares Short S&P500 -1x Shares	$981M	0.89%	Jun 19, 2006	-0.93
SDS	ProShares UltraShort S&P500 -2x Shares	$433M	N/A	Jul 11, 2006	-0.92
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$13M	1.11%	Aug 14, 2024	-0.92
PSQ	ProShares Short QQQ -1x Shares	$658M	0.95%	Jun 19, 2006	-0.92
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.10M	N/A	May 15, 2024	-0.91
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$28M	0.50%	Mar 6, 2024	-0.89
SCC	ProShares UltraShort Consumer Discretionary	$5.90M	N/A	Jan 30, 2007	-0.87
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$7.30M	N/A	Nov 7, 2019	-0.85
RWM	PROSHARES SHORT RUSSELL2000	$119M	0.95%	Jan 23, 2007	-0.84
TWM	ProShares UltraShort Russell2000 -2x Shares	$51M	N/A	Jan 23, 2007	-0.84
MYY	PROSHARES SHORT MIDCAP400	$2.60M	0.95%	Jun 19, 2006	-0.83
MZZ	PROSHARES ULTRASHORT MIDCAP400	$701K	N/A	Jul 11, 2006	-0.83
DOG	PROSHARES SHORT DOW30	$109M	0.95%	Jun 19, 2006	-0.82
DXD	PROSHARES ULTRASHORT DOW30	$48M	N/A	Jul 11, 2006	-0.81
SIJ	ProShares UltraShort Industrials -2x Shares	$6.30M	N/A	Jan 30, 2007	-0.80
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.10M	1.05%	Jul 23, 2024	-0.80
SBB	ProShares Short SmallCap600 -1x Shares	$3.60M	0.95%	Jan 23, 2007	-0.78
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$16M	N/A	Nov 7, 2019	-0.78
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.40M	N/A	Jan 23, 2007	-0.78
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$79M	0.79%	Jun 28, 2024	-0.77
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$177M	N/A	Feb 9, 2010	-0.77
SKF	ProShares UltraShort Financials -2x Shares	$15M	N/A	May 23, 2007	-0.76
SJB	PROSHARES SHORT HIGH YIELD	$67M	0.95%	Mar 21, 2011	-0.75
SEF	ProShares Short Financials -1x Shares	$15M	0.95%	Jun 10, 2008	-0.75
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.75
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$52M	0.92%	Nov 5, 2021	-0.75
REW	ProShares UltraShort Technology -2x Shares	$2.50M	N/A	Jan 30, 2007	-0.75
UVIX	2x Long VIX Futures ETF	$411M	N/A	Mar 28, 2022	-0.74
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$63M	3.62%	Jan 26, 2011	-0.73
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$28M	N/A	Oct 18, 2023	-0.72
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$63M	N/A	Aug 21, 2023	-0.71
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.30M	N/A	Oct 23, 2007	-0.71
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$22M	1.01%	Sep 12, 2023	-0.71
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.71
QID	PROSHARES ULTRASHORT QQQ	$236M	N/A	Jul 11, 2006	-0.70
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$2.10M	N/A	Feb 9, 2010	-0.70
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.70
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$4.90M	1.03%	Oct 9, 2024	-0.70
TAIL	CAMBRIA TAIL RISK ETF	$151M	0.59%	Apr 5, 2017	-0.69
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.68
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9.30M	6.22%	Jul 10, 2018	-0.68
EWV	ProShares UltraShort MSCI Japan -2x Shares	$6.50M	N/A	Nov 6, 2007	-0.68
TNGY	TORTOISE ENERGY ETF	$532M	0.85%	Dec 27, 2010	-0.67
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$3.20M	N/A	Oct 30, 2007	-0.67
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$10M	0.95%	Oct 30, 2007	-0.66
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.66
SETH	ProShares Short Ether ETF	$20M	0.95%	Nov 1, 2023	-0.66
SPXU	ProShares UltraPro Short S&P 500	$463M	N/A	Jun 23, 2009	-0.66
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.66
SZK	ProShares UltraShort Consumer Staples	$4.80M	N/A	Jan 30, 2007	-0.66
REK	PROSHARES SHORT REAL ESTATE	$11M	0.95%	Mar 16, 2010	-0.66
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.65
QCMD	Direxion Daily QCOM Bear 1X ETF	$2.30M	1.00%	Jun 24, 2025	-0.65
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$36M	0.89%	Jan 17, 2018	-0.65
VIXM	ProShares VIX Mid-Term Futures ETF	$45M	0.92%	Jan 3, 2011	-0.64
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$28M	1.03%	Feb 11, 2025	-0.64
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.64
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$77M	N/A	May 28, 2015	-0.64
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$30M	0.35%	Jul 29, 2025	-0.63
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$2M	0.15%	Jul 22, 2025	-0.63
METD	DIREXION DAILY META BEAR 1X SHARES	$7.50M	1.02%	Jun 5, 2024	-0.63
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$72M	N/A	Feb 9, 2010	-0.62
ETHD	ProShares UltraShort Ether ETF	$91M	N/A	Jun 6, 2024	-0.62
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.61
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.61
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$14M	1.02%	Sep 6, 2022	-0.61
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$28M	N/A	Dec 17, 2008	-0.59
IONZ	Defiance Daily Target 2x Short IONQ ETF	$17M	N/A	Jun 23, 2025	-0.58
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$276M	1.40%	Sep 13, 2011	-0.58
RXD	ProShares UltraShort Health Care -2x Shares	$5.30M	N/A	Jan 30, 2007	-0.58
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$36M	1.05%	Jul 9, 2024	-0.58
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.40M	N/A	Apr 6, 2010	-0.57
SHRT	GOTHAM SHORT STRATEGIES ETF	$15M	1.35%	Jul 31, 2017	-0.57
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.56
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$125M	0.07%	Nov 7, 2024	-0.53
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$10M	N/A	Mar 20, 2025	-0.53
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$49M	N/A	Dec 10, 2024	-0.52
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$54M	0.50%	Dec 9, 2024	-0.51
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$7.20M	N/A	Jan 3, 2024	-0.51
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$18M	0.96%	Aug 8, 2022	-0.50
GGLS	DIREXION DAILY GOOGL BEAR 1X SHARES	$12M	1.02%	Sep 6, 2022	-0.50
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$174M	N/A	May 28, 2015	-0.49
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$34M	N/A	Jul 16, 2009	-0.49
TSLQ	Tradr 2X Short TSLA Daily ETF	$117M	N/A	Jul 13, 2022	-0.49
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$13M	N/A	Sep 4, 2024	-0.48
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.30M	N/A	Mar 31, 2025	-0.48
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$29M	N/A	Jul 9, 2024	-0.48
PALD	Direxion Daily PANW Bear 1X Shares	$1.50M	1.02%	Feb 10, 2025	-0.47
XOMX	Direxion Daily XOM Bull 2X Shares	$9M	N/A	Apr 22, 2025	-0.47
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.80M	0.10%	Oct 31, 2024	-0.47
SBIT	ProShares UltraShort Bitcoin ETF	$204M	N/A	Apr 1, 2024	-0.46
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$41M	N/A	Aug 21, 2023	-0.46
TSLZ	T-REX 2X INVERSE TESLA DAILY TARGET ETF	$41M	N/A	Oct 18, 2023	-0.46
MUD	Direxion Daily MU Bear 1X Shares	$73M	1.02%	Oct 9, 2024	-0.46