Looking to diversify beyond EDOC? The ETFs below have historically moved differently from EDOC, 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 EDOC
501 ETFs have low correlation with EDOC (below 0.3), 95 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.33 | — | — | 69 | Derivative Income | EDOC vs WNTR | |
| ProShares Short Bitcoin ETF | -0.31 | -0.32 | — | 51 | Cryptocurrency | EDOC vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.06 | 0.01 | 66 | Oil & Gas | EDOC vs DBE | |
| Invesco DB Oil Fund | -0.24 | -0.03 | 0.02 | 51 | Oil & Gas | EDOC vs DBO | |
| YieldMax XOM Option Income Strategy ETF | -0.22 | 0.05 | 0.05 | 52 | Derivative Income, Dividend | EDOC vs XOMO |
See all 2287 diversifiers for EDOC
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