Looking to diversify beyond EQLT? The ETFs below have historically moved differently from EQLT, 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 EQLT
491 ETFs have low correlation with EQLT (below 0.3), 89 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | — | — | 61 | Cryptocurrency | EQLT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | EQLT vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 52 | Inverse Equities | EQLT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 61 | Inverse Equities, Leveraged Equities | EQLT vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | — | — | 75 | Derivative Income | EQLT vs WNTR |
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