Looking to diversify beyond EDGQ? The ETFs below have the lowest correlation with EDGQ — 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 EDGQ.
Best Diversifiers for EDGQ
2 ETFs have low correlation with EDGQ (below 0.3), 0 of which are negatively correlated. The least correlated is Simplify Treasury Option Income ETF (BUCK) (Government Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 0.12 | 0.12 | 0.12 | 89 | Government Bonds, Ultrashort Bond, Derivative Income | EDGQ vs BUCK | |
| VistaShares Target 15™ Berkshire Select Income ETF | 0.19 | 0.19 | 0.19 | 53 | Derivative Income | EDGQ vs OMAH | |
| YieldMax MRNA Option Income Strategy ETF | 0.32 | 0.32 | 0.32 | 55 | Derivative Income, Dividend | EDGQ vs MRNY | |
| Main Buywrite ETF | 0.52 | 0.52 | — | 79 | Derivative Income | EDGQ vs BUYW | |
| Global X US Infrastructure Development ETF | 0.55 | 0.55 | 0.55 | 67 | Industrials Equities | EDGQ vs PAVE |
See all 12 diversifiers for EDGQ
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