Looking to diversify beyond EDGH? The ETFs below have the lowest correlation with EDGH — 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 EDGH.
Best Diversifiers for EDGH
1830 ETFs have low correlation with EDGH (below 0.3), 52 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.19, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | -0.15 | -0.15 | 53 | Inverse Equities | EDGH vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.18 | -0.14 | -0.14 | 61 | Inverse Equities, Leveraged Equities | EDGH vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.17 | — | — | 69 | Derivative Income | EDGH vs WNTR | |
| Roundhill Weekly T-Bill ETF | -0.16 | — | — | 99 | Ultrashort Bond | EDGH vs WEEK | |
| iShares Short Maturity Municipal Bond ETF | -0.12 | — | — | 96 | Municipal Bonds | EDGH vs MEAR |
See all 2146 diversifiers for EDGH
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