Looking to diversify beyond EQTY? The ETFs below have the lowest correlation with EQTY — 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 EQTY.
Best Diversifiers for EQTY
290 ETFs have low correlation with EQTY (below 0.3), 54 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.40, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | -0.41 | -0.41 | 53 | Inverse Equities | EQTY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | -0.40 | -0.40 | 60 | Inverse Equities, Leveraged Equities | EQTY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 65 | Derivative Income | EQTY vs WNTR | |
| United States Gasoline Fund LP | -0.25 | -0.08 | — | 72 | Oil & Gas | EQTY vs UGA | |
| Return Stacked Bonds & Futures Yield ETF | -0.19 | -0.17 | -0.17 | 51 | Multistrategy | EQTY vs RSBY |
See all 2056 diversifiers for EQTY
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Diversification Analysis
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