Looking to diversify beyond EQLT? The ETFs below have the lowest correlation with EQLT — 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 EQLT.
Best Diversifiers for EQLT
393 ETFs have low correlation with EQLT (below 0.3), 52 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.42, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.38 | -0.38 | 60 | Inverse Equities, Leveraged Equities | EQLT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | -0.37 | -0.37 | 53 | Inverse Equities | EQLT vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 65 | Derivative Income | EQLT vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.25 | — | — | 51 | Multistrategy | EQLT vs RSBY | |
| ProShares UltraShort Yen | -0.24 | — | — | 75 | Leveraged Currency | EQLT vs YCS |
See all 2051 diversifiers for EQLT
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Diversification Analysis
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