Looking to diversify beyond ACKY? The ETFs below have historically moved differently from ACKY, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ACKY
382 ETFs have low correlation with ACKY (below 0.3), 77 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 52 | Inverse Equities | ACKY vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | -0.38 | -0.38 | 55 | Cryptocurrency, Leveraged Cryptocurrency | ACKY vs SBIT | |
| United States Gasoline Fund LP | -0.28 | -0.28 | -0.28 | 87 | Oil & Gas | ACKY vs UGA | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | -0.26 | -0.26 | -0.26 | 75 | Leveraged Equities | ACKY vs NRGU | |
| Direxion Daily Energy Bull 2X Shares | -0.25 | -0.25 | -0.25 | 71 | Energy Equities, Leveraged Equities | ACKY vs ERX |
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