Overview Holdings Performance Dividends Similar Etfs Correlations

10 Stocks and 90 ETFs for diversifying FMAG (FIDELITY MAGELLAN ETF)

The least correlated asset to FMAG (FIDELITY MAGELLAN ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with FMAG

Symbol	Name	Market cap	Sector	Industry	Correlation
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.62
HBNB	Hotel101 Global Holdings Corp	$1.31B	Real Estate	Real Estate Services	-0.51
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.51
HRYU	Global Interactive Technologies Inc	$760K	Communication Services	Internet Content & Information	-0.48
APAD	Enhanced Group Inc - Class A	$161M	Financial Services	Shell Companies	-0.46
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.45
GLIBA	GCI Liberty Inc - Class A	$879M	Communication Services	Telecom Services	-0.45
SOL	Emeren Group Ltd American Depositary Shares, each representing 10 shares	$100M	Technology	Solar	-0.43
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.42
OYSE	Oyster Enterprises II Acquisition Corp	$268M	Financial Services	Shell Companies	-0.41

ETFs that lowly correlated with FMAG

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
FIYY	GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF	$732K	1.07%	May 4, 2026	-0.99
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.93
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.92
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.92
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.92
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.88
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.88
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.83
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.83
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.82
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.81
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.80
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.80
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.79
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.78
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.77
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.74
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.74
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.74
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.73
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.73
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.72
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.72
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.72
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.71
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.71
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.71
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.71
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.70
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.68
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.66
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$11M	1.02%	Sep 6, 2022	-0.66
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.65
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.65
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.65
SETH	ProShares Short Ether ETF	$23M	0.95%	Nov 1, 2023	-0.65
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.64
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.64
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.64
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.64
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.63
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.63
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.63
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.62
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.60
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.60
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.59
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.59
ETHD	ProShares UltraShort Ether ETF	$86M	N/A	Jun 6, 2024	-0.58
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.57
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$35M	1.05%	Jul 9, 2024	-0.56
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.56
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.56
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.56
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.56
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.55
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$45M	N/A	Dec 10, 2024	-0.55
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.54
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.54
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.53
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.53
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$13M	N/A	Mar 31, 2025	-0.53
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.53
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.53
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.52
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.52
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.52
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.52
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.51
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$16M	N/A	Sep 4, 2024	-0.50
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.50
BITI	ProShares Short Bitcoin ETF	$144M	1.01%	Jun 21, 2022	-0.49
QCMD	Direxion Daily QCOM Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.49
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$30M	N/A	Jul 9, 2024	-0.49
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.48
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$81M	1.00%	Mar 26, 2025	-0.48
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.48
SBIT	ProShares UltraShort Bitcoin ETF	$219M	N/A	Apr 1, 2024	-0.47
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.47
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.47
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4.50M	N/A	Jun 5, 2025	-0.47
LDDR	Stone Ridge 2035 Term Income ETF	$42M	0.25%	Jan 3, 2025	-0.45
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.44
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$9.90M	0.10%	Oct 31, 2024	-0.43
GLDN	NICHOLAS GOLD INCOME ETF	$2.50M	1.07%	Feb 17, 2026	-0.43
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.43
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.43
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$14M	0.96%	Aug 8, 2022	-0.42
PLTD	T-REX 2X INVERSE PLTR DAILY TARGET ETF	$47M	0.98%	Dec 10, 2024	-0.41