Looking to diversify beyond EETH? The ETFs below have the lowest correlation with EETH — 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 EETH.
Best Diversifiers for EETH
620 ETFs have low correlation with EETH (below 0.3), 36 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.88 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | EETH vs SBIT | |
| ProShares Short Bitcoin ETF | -0.88 | — | — | 57 | Cryptocurrency | EETH vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.78 | -0.68 | -0.68 | 68 | Inverse Equities, Leveraged Equities | EETH vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.78 | -0.69 | -0.69 | 60 | Inverse Equities | EETH vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.73 | — | — | 70 | Derivative Income | EETH vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EETH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EETH and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| MPLX LP | 0.02 | — | — | 82 | Energy | |
| Biogen Inc. | 0.03 | 0.11 | 0.11 | 87 | Healthcare | |
| Eli Lilly and Company | 0.03 | 0.08 | 0.08 | 80 | Healthcare | |
| Kinross Gold Corporation | 0.23 | 0.15 | 0.15 | 72 | Basic Materials | |
| NVIDIA Corporation | 0.37 | 0.32 | 0.32 | 65 | Technology |
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