Looking to diversify beyond AHLT? The ETFs below have historically moved differently from AHLT, 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 AHLT
730 ETFs have low correlation with AHLT (below 0.3), 121 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 | -0.32 | — | — | 61 | Cryptocurrency | AHLT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | AHLT vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.24 | — | — | 52 | Inverse Equities | AHLT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.24 | — | — | 61 | Inverse Equities, Leveraged Equities | AHLT vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.21 | — | — | 75 | Derivative Income | AHLT vs WNTR |
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