Looking to diversify beyond COAL? The ETFs below have the lowest correlation with COAL — 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 COAL.
Best Diversifiers for COAL
1758 ETFs have low correlation with COAL (below 0.3), 204 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 65 | Inverse Equities, Leveraged Equities | COAL vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.18 | — | — | 56 | Inverse Equities | COAL vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.18 | — | — | 70 | Derivative Income | COAL vs WNTR | |
| ProShares Short Bitcoin ETF | -0.16 | -0.23 | -0.23 | 53 | Cryptocurrency | COAL vs BITI | |
| Fidelity Low Duration Bond ETF | -0.14 | — | — | 98 | Short-Term Bond | COAL vs FLDB |
See all 2068 diversifiers for COAL
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