Looking to diversify beyond EDGU? The ETFs below have the lowest correlation with EDGU — 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 EDGU.
Best Diversifiers for EDGU
287 ETFs have low correlation with EDGU (below 0.3), 33 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.46, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.46 | -0.48 | -0.48 | 51 | Derivative Income | EDGU vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | EDGU vs RBIL | |
| United States Gasoline Fund LP | -0.20 | — | — | 60 | Oil & Gas | EDGU vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | EDGU vs IBIC | |
| ProShares UltraShort Yen | -0.17 | — | — | 73 | Leveraged Currency | EDGU vs YCS |
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