Looking to diversify beyond ECH? The ETFs below have historically moved differently from ECH, 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 ECH
494 ETFs have low correlation with ECH (below 0.3), 94 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, down from -0.24 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.24 | — | 61 | Cryptocurrency | ECH vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ECH vs SBIT | |
| Invesco DB Energy Fund | -0.32 | -0.06 | 0.10 | 72 | Oil & Gas | ECH vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.32 | — | — | 98 | Inflation-Protected Bonds | ECH vs RBIL | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 52 | Inverse Equities | ECH vs SMST |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ECH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Kimbell Royalty Partners, LP (KRP) (Energy) with a 1Y correlation of -0.18, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kimbell Royalty Partners, LP | -0.18 | 0.09 | 0.19 | 59 | Energy | |
| Range Resources Corporation | -0.14 | 0.08 | 0.19 | 54 | Energy | |
| Valero Energy Corporation | -0.13 | 0.05 | 0.16 | 98 | Energy | |
| CNX Resources Corporation | -0.12 | 0.08 | 0.18 | 62 | Energy | |
| Energy Transfer LP | -0.10 | 0.13 | 0.26 | 81 | Energy |
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