Skip to main content

Want a detailed portfolio tracker?

11 Stocks and 89 ETFs for diversifying FTEC (FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF)

The least correlated asset to FTEC (FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF) is ETF PSQ (ProShares Short QQQ -1x Shares). The correlation is -0.9679.

Stocks that lowly correlated with FTEC

SymbolName
Market cap
SectorIndustry
Correlation
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.74
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.59
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.56
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.52
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.51
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.50
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.48
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.48
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.47
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.46
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.45

ETFs that lowly correlated with FTEC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.97
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.93
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.93
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.89
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.89
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.89
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.84
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.83
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.82
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.81
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.81
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.79
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.77
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.77
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.76
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.75
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.75
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.74
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.74
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.74
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.73
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.73
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.73
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.72
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.72
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.72
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.72
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.72
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.71
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.70
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.70
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.69
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.69
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.67
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.67
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.66
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.66
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.66
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.66
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.65
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.65
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.65
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.64
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.64
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.64
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.64
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.63
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.63
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.61
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.61
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.61
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.61
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.60
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.58
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.57
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.56
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.56
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.56
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.56
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.55
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.54
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.53
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.53
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.52
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.51
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.50
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.50
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.50
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.50
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.49
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.49
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.49
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.49
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.48
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.48
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.48
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.47
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.46
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.45