Looking to diversify beyond EBIT? The ETFs below have historically moved differently from EBIT, 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 EBIT
403 ETFs have low correlation with EBIT (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 |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | — | — | 61 | Cryptocurrency | EBIT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.31 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | EBIT vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 61 | Inverse Equities, Leveraged Equities | EBIT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | — | — | 52 | Inverse Equities | EBIT vs SMST | |
| Alpha Architect Tail Risk ETF | -0.30 | — | — | 56 | Options Trading | EBIT vs CAOS |
See all 2229 diversifiers for EBIT
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EBIT
Add EBIT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EBIT