Looking to diversify beyond EAOA? The ETFs below have the lowest correlation with EAOA — 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 EAOA.
Best Diversifiers for EAOA
279 ETFs have low correlation with EAOA (below 0.3), 73 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.49, down from -0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.49 | -0.37 | — | 57 | Cryptocurrency | EAOA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.49 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | EAOA vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 60 | Inverse Equities | EAOA vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 68 | Inverse Equities, Leveraged Equities | EAOA vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 70 | Derivative Income | EAOA vs WNTR |
See all 2046 diversifiers for EAOA
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