Looking to diversify beyond EQL? The ETFs below have historically moved differently from EQL, 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 EQL
287 ETFs have low correlation with EQL (below 0.3), 33 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 52 | Inverse Equities | EQL vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 61 | Inverse Equities, Leveraged Equities | EQL vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | EQL vs SBIT | |
| ProShares Short Bitcoin ETF | -0.37 | -0.31 | — | 61 | Cryptocurrency | EQL vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.35 | -0.37 | -0.37 | 75 | Derivative Income | EQL vs WNTR |
See all 2180 diversifiers for EQL
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