Looking to diversify beyond ADIV? The ETFs below have the lowest correlation with ADIV — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ADIV.
Best Diversifiers for ADIV
427 ETFs have low correlation with ADIV (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.28 | — | 53 | Cryptocurrency | ADIV vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | — | — | 56 | Inverse Equities | ADIV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 65 | Inverse Equities, Leveraged Equities | ADIV vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.26 | — | — | 70 | Derivative Income | ADIV vs WNTR | |
| ProShares UltraShort Yen | -0.24 | -0.20 | -0.17 | 72 | Leveraged Currency | ADIV vs YCS |
See all 2071 diversifiers for ADIV
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