27 Stocks and 73 ETFs for diversifying NFEB (Innovator Growth100 Power Buffer ETF February)

The least correlated asset to NFEB (Innovator Growth100 Power Buffer ETF February) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with NFEB

Symbol	Name	Market cap	Sector	Industry	Correlation
IPXXU	USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)	$66M	N/A	N/A	-1.00
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.91
SMTK	SmartKem, Inc. Common Stock	$4.23M	Technology	Semiconductor Equipment & Materials	-0.86
AACIW	Armada Acquisition Corp I - Warrants (13/08/2026)	$20M	N/A	N/A	-0.79
ED	Consolidated Edison Inc	$40B	Utilities	Utilities - Regulated Electric	-0.77
VSTA	Vasta Platform Ltd Class A	$394M	Consumer Defensive	Education & Training Services	-0.75
MLGO	MicroAlgo Inc	$31M	Technology	Software - Infrastructure	-0.74
SYT	SYLA Technologies Co Ltd	$60M	Technology	Software - Application	-0.71
PRA	ProAssurance Corporation	$1.29B	Financial Services	Insurance - Property & Casualty	-0.69
YORW	York Water Company	$439M	Utilities	Utilities - Regulated Water	-0.67
AWK	American Water Works Co. Inc	$25B	Utilities	Utilities - Regulated Water	-0.66
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.66
OPTN	OptiNose Inc	$112M	N/A	N/A	-0.64
WTRG	Essential Utilities Inc	$11B	Utilities	Utilities - Regulated Water	-0.64
EXC	Exelon Corp	$47B	Utilities	Utilities - Regulated Electric	-0.64
NAOV	NanoVibronix Inc	$15M	Healthcare	Medical Devices	-0.63
CNP	Centerpoint Energy Inc	$28B	Utilities	Utilities - Regulated Electric	-0.62
OPOF	Old Point Financial Corp	$215M	Financial Services	Banks - Regional	-0.61
LXEH	Lixiang Education Holding Co Ltd	$2.70M	Consumer Defensive	Education & Training Services	-0.61
CWT	California Water Service Group	$2.98B	Utilities	Utilities - Regulated Water	-0.60
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.59
ADC	Agree Realty Corp	$9.32B	Real Estate	Reit - Retail	-0.59
MSEX	Middlesex Water Company	$1.02B	Utilities	Utilities - Regulated Water	-0.58
GATE	VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF	$425M	Financial Services	Shell Companies	-0.57
GATEU	Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$340M	Financial Services	Shell Companies	-0.57
APAD	Enhanced Group Inc - Class A	$161M	Financial Services	Shell Companies	-0.57
DM	Desktop Metal Inc - Class A	$165M	N/A	N/A	-0.56

ETFs that lowly correlated with NFEB

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	-1.00
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
FIYY	GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF	$732K	1.07%	May 4, 2026	-1.00
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.98
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.98
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.97
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.96
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.94
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.92
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.92
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.90
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.90
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.89
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.89
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.89
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.88
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$19M	1.01%	Sep 12, 2023	-0.88
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.88
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.87
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.87
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.87
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.87
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.86
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.86
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.86
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$61M	N/A	Aug 21, 2023	-0.85
NVDQ	T-REX 2X INVERSE NVIDIA DAILY TARGET ETF	$22M	N/A	Oct 18, 2023	-0.85
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.85
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.85
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.84
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.82
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.82
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.81
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.81
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.79
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.77
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.75
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.75
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.74
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.73
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$11M	1.02%	Sep 6, 2022	-0.72
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.71
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.71
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.70
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.70
QCMD	Direxion Daily QCOM Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.69
GGLS	Direxion Daily GOOGL Bear 1X ETF	$13M	1.02%	Sep 6, 2022	-0.69
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.67
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.66
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.65
CAOS	ALPHA ARCHITECT TAIL RISK ETF	$705M	0.63%	Aug 14, 2013	-0.64
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.64
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.63
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.63
TSLS	Direxion Daily TSLA Bear 1X Shares	$66M	0.95%	Aug 8, 2022	-0.63
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.61
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.61
SETH	ProShares Short Ether ETF	$23M	0.95%	Nov 1, 2023	-0.60
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.59
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.59
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.59
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$39M	N/A	Aug 21, 2023	-0.59
TSLZ	T-REX 2X INVERSE TESLA DAILY TARGET ETF	$31M	N/A	Oct 18, 2023	-0.59
TSLQ	Tradr 2X Short TSLA Daily ETF	$114M	N/A	Jul 13, 2022	-0.58
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.57
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$14M	0.96%	Aug 8, 2022	-0.57
ETHD	ProShares UltraShort Ether ETF	$86M	N/A	Jun 6, 2024	-0.57
IBTH	ISHARES IBONDS DEC 2027 TERM TREASURY ETF	$2.20B	0.07%	Feb 25, 2020	-0.57
IBTG	ISHARES IBONDS DEC 2026 TERM TREASURY ETF	$2.30B	0.07%	Feb 25, 2020	-0.57
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.56
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$35M	1.05%	Jul 9, 2024	-0.56
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.56