Looking to diversify beyond EDGQ? The ETFs below have historically moved differently from EDGQ, 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 EDGQ
2 ETFs have low correlation with EDGQ (below 0.3), 0 of which are negatively correlated. The least correlated is VistaShares Target 15™ Berkshire Select Income ETF (OMAH) (Derivative Income) with a 1Y correlation of 0.06, roughly unchanged from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VistaShares Target 15™ Berkshire Select Income ETF | 0.06 | 0.06 | 0.06 | 82 | Derivative Income | EDGQ vs OMAH | |
| Simplify Treasury Option Income ETF | 0.13 | 0.13 | 0.13 | 95 | Government Bonds, Ultrashort Bond, Derivative Income | EDGQ vs BUCK | |
| Global X SuperDividend ETF | 0.43 | 0.43 | 0.43 | 63 | Global Equities, Dividend | EDGQ vs SDIV | |
| Global X Copper Miners ETF | 0.71 | 0.71 | 0.71 | 76 | Copper | EDGQ vs COPX | |
| YieldMax TSM Option Income Strategy ETF | 0.75 | 0.75 | 0.75 | 76 | Derivative Income | EDGQ vs TSMY |
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