Looking to diversify beyond ECOW? The ETFs below have historically moved differently from ECOW, 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 ECOW
437 ETFs have low correlation with ECOW (below 0.3), 66 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.36 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ECOW vs SBIT | |
| ProShares Short Bitcoin ETF | -0.36 | -0.28 | — | 61 | Cryptocurrency | ECOW vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 52 | Inverse Equities | ECOW vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 75 | Derivative Income | ECOW vs WNTR | |
| ProShares UltraShort Yen | -0.30 | -0.22 | -0.18 | 56 | Leveraged Currency | ECOW vs YCS |
See all 2241 diversifiers for ECOW
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