Looking to diversify beyond AHLT? The ETFs below have the lowest correlation with AHLT — 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 AHLT.
Best Diversifiers for AHLT
545 ETFs have low correlation with AHLT (below 0.3), 64 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.32, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.32 | -0.25 | -0.25 | 57 | Cryptocurrency | AHLT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | -0.28 | -0.28 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AHLT vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.24 | — | — | 60 | Inverse Equities | AHLT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.24 | -0.23 | -0.23 | 68 | Inverse Equities, Leveraged Equities | AHLT vs MSTZ | |
| Invesco DB US Dollar Index Bullish Fund | -0.23 | -0.07 | -0.07 | 51 | Currency | AHLT vs UUP |
See all 2048 diversifiers for AHLT
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