Looking to diversify beyond ADVE? The ETFs below have the lowest correlation with ADVE — 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 ADVE.
Best Diversifiers for ADVE
397 ETFs have low correlation with ADVE (below 0.3), 58 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | — | — | 51 | Currency | ADVE vs UUP | |
| ProShares Short Bitcoin ETF | -0.41 | -0.30 | -0.30 | 57 | Cryptocurrency | ADVE vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ADVE vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 60 | Inverse Equities | ADVE vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 68 | Inverse Equities, Leveraged Equities | ADVE vs MSTZ |
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