Looking to diversify beyond BOXA? The ETFs below have the lowest correlation with BOXA — 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 BOXA.
Best Diversifiers for BOXA
1285 ETFs have low correlation with BOXA (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.39 | -0.39 | 73 | Leveraged Currency | BOXA vs YCS | |
| United States Gasoline Fund LP | -0.41 | — | — | 60 | Oil & Gas | BOXA vs UGA | |
| Fidelity Managed Futures ETF | -0.31 | — | — | 60 | Systematic Trend | BOXA vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.24 | — | — | 77 | Commodities | BOXA vs FAAR | |
| VanEck Commodity Strategy ETF | -0.23 | — | — | 59 | Commodities | BOXA vs PIT |
See all 1955 diversifiers for BOXA
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