Looking to diversify beyond ASMF? The ETFs below have historically moved differently from ASMF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ASMF
702 ETFs have low correlation with ASMF (below 0.3), 100 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.28 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ASMF vs SBIT | |
| ProShares Short Bitcoin ETF | -0.27 | — | — | 61 | Cryptocurrency | ASMF vs BITI | |
| Alpha Architect Tail Risk ETF | -0.21 | — | — | 56 | Options Trading | ASMF vs CAOS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | — | — | 52 | Inverse Equities | ASMF vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.19 | — | — | 75 | Derivative Income | ASMF vs WNTR |
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