Looking to diversify beyond AFMC? The ETFs below have the lowest correlation with AFMC — 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 AFMC.
Best Diversifiers for AFMC
346 ETFs have low correlation with AFMC (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.33 | -0.36 | 57 | Cryptocurrency | AFMC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AFMC vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 68 | Inverse Equities, Leveraged Equities | AFMC vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 60 | Inverse Equities | AFMC vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 70 | Derivative Income | AFMC vs WNTR |
See all 2048 diversifiers for AFMC
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