Looking to diversify beyond COWS? The ETFs below have historically moved differently from COWS, 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 COWS
436 ETFs have low correlation with COWS (below 0.3), 54 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 61 | Inverse Equities, Leveraged Equities | COWS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 52 | Inverse Equities | COWS vs SMST | |
| ProShares Short Bitcoin ETF | -0.30 | — | — | 61 | Cryptocurrency | COWS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.29 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | COWS vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.29 | — | — | 75 | Derivative Income | COWS vs WNTR |
See all 2242 diversifiers for COWS
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