Looking to diversify beyond ASHS? The ETFs below have the lowest correlation with ASHS — 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 ASHS.
Best Diversifiers for ASHS
870 ETFs have low correlation with ASHS (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.14, roughly unchanged from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.14 | -0.11 | -0.11 | 61 | Leveraged Currency | ASHS vs YCS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.06 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ASHS vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.10 | -0.12 | -0.12 | 100 | Ultrashort Bond | ASHS vs VBIL | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ASHS vs USFR | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.08 | 0.02 | 0.07 | 99 | Corporate Bonds | ASHS vs BSCQ |
See all 2076 diversifiers for ASHS
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ASHS
Add ASHS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ASHS