Looking to diversify beyond AKRE? The ETFs below have the lowest correlation with AKRE — 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 AKRE.
Best Diversifiers for AKRE
1262 ETFs have low correlation with AKRE (below 0.3), 131 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.81, roughly unchanged from -0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.81 | -0.81 | -0.81 | 99 | Leveraged Equities, Semiconductors | AKRE vs MUU | |
| Direxion Daily NFLX Bear 1X Shares | -0.31 | -0.31 | -0.31 | 60 | Inverse Equities | AKRE vs NFXS | |
| Harbor Long-Short Equity ETF | -0.25 | -0.25 | -0.25 | 73 | Long-Short | AKRE vs LSEQ | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.21 | -0.21 | -0.21 | 60 | Inverse Equities, Leveraged Equities | AKRE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.21 | -0.21 | -0.21 | 53 | Inverse Equities | AKRE vs SMST |
See all 2033 diversifiers for AKRE
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