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
1919 ETFs have low correlation with EDGH (below 0.3), 85 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Weekly T-Bill ETF | -0.19 | — | — | 99 | Ultrashort Bond | EDGH vs WEEK | |
| iShares Short Maturity Municipal Bond ETF | -0.14 | — | — | 95 | Municipal Bonds | EDGH vs MEAR | |
| First Trust Merger Arbitrage ETF | -0.12 | — | — | 52 | Long-Short | EDGH vs MARB | |
| ProShares UltraShort Yen | -0.12 | — | — | 61 | Leveraged Currency | EDGH vs YCS | |
| US Treasury 3 Month Bill ETF | -0.10 | -0.06 | -0.06 | 100 | Ultrashort Bond | EDGH vs TBIL |
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