Looking to diversify beyond CHAU? The ETFs below have historically moved differently from CHAU, 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 CHAU
782 ETFs have low correlation with CHAU (below 0.3), 103 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 | -0.27 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | CHAU vs SBIT | |
| ProShares Short Bitcoin ETF | -0.27 | -0.15 | — | 61 | Cryptocurrency | CHAU vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.24 | — | — | 52 | Inverse Equities | CHAU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.23 | -0.20 | -0.20 | 61 | Inverse Equities, Leveraged Equities | CHAU vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.22 | -0.22 | -0.22 | 75 | Derivative Income | CHAU vs WNTR |
See all 2244 diversifiers for CHAU
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