Looking to diversify beyond ENHU? The ETFs below have the lowest correlation with ENHU — 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 ENHU.
Best Diversifiers for ENHU
297 ETFs have low correlation with ENHU (below 0.3), 76 of which are negatively correlated. The least correlated is Defiance Oil Enhanced Options Income ETF (USOY) (Derivative Income) with a 1Y correlation of -0.35, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | -0.35 | -0.35 | -0.35 | 56 | Derivative Income | ENHU vs USOY | |
| United States Gasoline Fund LP | -0.35 | -0.35 | -0.35 | 69 | Oil & Gas | ENHU vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.28 | -0.28 | -0.28 | 71 | Commodities | ENHU vs GSG | |
| Texas Capital Texas Oil Index ETF | -0.27 | -0.27 | -0.27 | 51 | Energy Equities | ENHU vs OILT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | -0.26 | -0.26 | 98 | Inflation-Protected Bonds | ENHU vs RBIL |
See all 2077 diversifiers for ENHU
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