Looking to diversify beyond EDGI? The ETFs below have historically moved differently from EDGI, 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 EDGI
315 ETFs have low correlation with EDGI (below 0.3), 77 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 | -0.47 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | EDGI vs SBIT | |
| ProShares Short Bitcoin ETF | -0.46 | — | — | 61 | Cryptocurrency | EDGI vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 52 | Inverse Equities | EDGI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 61 | Inverse Equities, Leveraged Equities | EDGI vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 75 | Derivative Income | EDGI vs WNTR |
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