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OverviewHoldingsPerformanceDividendsSimilar EtfsCorrelations
High CorrelationLow Correlation

28 Stocks and 72 ETFs for diversifying FEPI (REX FANG & INNOVATION EQUITY PREMIUM INCOME ETF)

The least correlated asset to FEPI (REX FANG & INNOVATION EQUITY PREMIUM INCOME ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with FEPI

SymbolName
Market cap
SectorIndustry
Correlation
VMWVmware Inc - Class A$62BN/AN/A-1.00
HTHersha Hospitality Trust - Class A$400MN/AN/A-1.00
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-1.00
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-1.00
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-1.00
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-1.00
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-1.00
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-1.00
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-1.00
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.89
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.72
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-0.72
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.62
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.61
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.61
FRBNForbion European Acquisition Corp - Class A$343MFinancial ServicesShell Companies-0.60
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.60
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.56
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.55
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.55
STBXStarbox Group Holdings Ltd$1.14MCommunication ServicesInternet Content & Information-0.54
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.52
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.51
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.51
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.50
DMDesktop Metal Inc - Class A$165MN/AN/A-0.50
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.50
TAKTakeda Pharmaceutical Company$51BHealthcareDrug Manufacturers - Specialty & Generic-0.50

ETFs that lowly correlated with FEPI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.99
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.94
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.92
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.89
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.89
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.88
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.87
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.84
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.81
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.80
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.79
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.75
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.75
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.75
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.75
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.75
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.73
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.72
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.71
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.71
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.70
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.69
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.69
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.69
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.69
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.68
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.68
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.68
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.68
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.68
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.67
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.66
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.65
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.65
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.65
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.63
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.63
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.62
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.61
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.61
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.60
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.58
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.58
CCORCORE ALTERNATIVE ETF $27M1.29%May 23, 2017-0.57
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.57
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.53
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.52
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.52
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.52
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.51
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.51
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.51
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.50
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.50
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.49
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.49
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.49
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.49
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.49