Looking to diversify beyond EDGX? The ETFs below have the lowest correlation with EDGX — 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 EDGX.
Best Diversifiers for EDGX
207 ETFs have low correlation with EDGX (below 0.3), 76 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.56, roughly unchanged from -0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.56 | -0.56 | -0.56 | 52 | Cryptocurrency | EDGX vs BITI | |
| Invesco DB Energy Fund | -0.51 | -0.51 | -0.51 | 57 | Oil & Gas | EDGX vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.46 | -0.46 | — | 98 | Inflation-Protected Bonds | EDGX vs IBIC | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | -0.44 | -0.44 | -0.44 | 55 | Leveraged Equities | EDGX vs NRGU | |
| ProShares Ultra Oil & Gas | -0.41 | -0.41 | -0.41 | 53 | Leveraged Equities | EDGX vs DIG |
See all 2019 diversifiers for EDGX
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