Looking to diversify beyond AVEE? The ETFs below have historically moved differently from AVEE, 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 AVEE
456 ETFs have low correlation with AVEE (below 0.3), 90 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 | -0.41 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | AVEE vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 52 | Inverse Equities | AVEE vs SMST | |
| ProShares Short Bitcoin ETF | -0.40 | — | — | 61 | Cryptocurrency | AVEE vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 61 | Inverse Equities, Leveraged Equities | AVEE vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | -0.38 | -0.38 | 75 | Derivative Income | AVEE vs WNTR |
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