Looking to diversify beyond AHYB? The ETFs below have the lowest correlation with AHYB — 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 AHYB.
Best Diversifiers for AHYB
216 ETFs have low correlation with AHYB (below 0.3), 61 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.41, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | -0.41 | -0.41 | 60 | Inverse Equities, Leveraged Equities | AHYB vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | -0.41 | -0.41 | 53 | Inverse Equities | AHYB vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 65 | Derivative Income | AHYB vs WNTR | |
| ProShares UltraShort Yen | -0.36 | -0.28 | — | 75 | Leveraged Currency | AHYB vs YCS | |
| United States Gasoline Fund LP | -0.27 | -0.07 | — | 72 | Oil & Gas | AHYB vs UGA |
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