Looking to diversify beyond ANEW? The ETFs below have the lowest correlation with ANEW — 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 ANEW.
Best Diversifiers for ANEW
265 ETFs have low correlation with ANEW (below 0.3), 50 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.51 | — | — | 53 | Inverse Equities | ANEW vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.51 | — | — | 60 | Inverse Equities, Leveraged Equities | ANEW vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | — | — | 65 | Derivative Income | ANEW vs WNTR | |
| ProShares UltraShort Yen | -0.26 | -0.10 | -0.08 | 75 | Leveraged Currency | ANEW vs YCS | |
| United States Gasoline Fund LP | -0.25 | -0.07 | 0.05 | 72 | Oil & Gas | ANEW vs UGA |
See all 2060 diversifiers for ANEW
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