Looking to diversify beyond AFIF? The ETFs below have the lowest correlation with AFIF — 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 AFIF.
Best Diversifiers for AFIF
681 ETFs have low correlation with AFIF (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.22, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | -0.11 | -0.21 | 75 | Leveraged Currency | AFIF vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.13 | -0.07 | -0.07 | 53 | Inverse Equities | AFIF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.13 | -0.06 | -0.06 | 60 | Inverse Equities, Leveraged Equities | AFIF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.12 | — | — | 65 | Derivative Income | AFIF vs WNTR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.11 | -0.06 | 0.02 | 100 | Government Bonds, Ultrashort Bond | AFIF vs BIL |
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