Looking to diversify beyond ENDW? The ETFs below have the lowest correlation with ENDW — 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 ENDW.
Best Diversifiers for ENDW
270 ETFs have low correlation with ENDW (below 0.3), 38 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.46, down from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.46 | -0.31 | -0.31 | 51 | Currency | ENDW vs UUP | |
| ProShares Short Bitcoin ETF | -0.45 | -0.44 | -0.44 | 57 | Cryptocurrency | ENDW vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ENDW vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.43 | -0.43 | 60 | Inverse Equities | ENDW vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.43 | -0.43 | 68 | Inverse Equities, Leveraged Equities | ENDW vs MSTZ |
See all 2040 diversifiers for ENDW
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Diversification Analysis
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