Looking to diversify beyond EET? The ETFs below have the lowest correlation with EET — 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 EET.
Best Diversifiers for EET
413 ETFs have low correlation with EET (below 0.3), 75 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.32 | -0.35 | 57 | Cryptocurrency | EET vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | EET vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.40 | -0.42 | -0.45 | 51 | Currency | EET vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | -0.38 | -0.38 | 60 | Inverse Equities | EET vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 68 | Inverse Equities, Leveraged Equities | EET vs MSTZ |
See all 2046 diversifiers for EET
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EET
Add EET to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EET