Looking to diversify beyond COIW? The ETFs below have the lowest correlation with COIW — 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 COIW.
Best Diversifiers for COIW
610 ETFs have low correlation with COIW (below 0.3), 38 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 | -0.79 | — | — | 68 | Inverse Equities, Leveraged Equities | COIW vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.78 | — | — | 60 | Inverse Equities | COIW vs SMST | |
| ProShares Short Bitcoin ETF | -0.76 | -0.73 | -0.73 | 57 | Cryptocurrency | COIW vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.76 | -0.74 | -0.74 | 52 | Cryptocurrency, Leveraged Cryptocurrency | COIW vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.76 | — | — | 70 | Derivative Income | COIW vs WNTR |
See all 2048 diversifiers for COIW
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