Looking to diversify beyond ADVE? The ETFs below have historically moved differently from ADVE, 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 ADVE
469 ETFs have low correlation with ADVE (below 0.3), 73 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | — | — | 51 | Cryptocurrency | ADVE vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | -0.40 | -0.40 | 69 | Derivative Income | ADVE vs WNTR | |
| ProShares UltraShort Yen | -0.27 | — | — | 59 | Leveraged Currency | ADVE vs YCS | |
| Invesco DB Energy Fund | -0.23 | -0.03 | -0.03 | 66 | Oil & Gas | ADVE vs DBE | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.22 | -0.15 | -0.15 | 51 | Nontraditional Bonds | ADVE vs RISR |
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