Looking to diversify beyond ARVR? The ETFs below have the lowest correlation with ARVR — 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 ARVR.
Best Diversifiers for ARVR
451 ETFs have low correlation with ARVR (below 0.3), 76 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.36 | -0.39 | 57 | Cryptocurrency | ARVR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ARVR vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | — | — | 60 | Inverse Equities | ARVR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 68 | Inverse Equities, Leveraged Equities | ARVR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | ARVR vs WNTR |
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