Looking to diversify beyond ESG? The ETFs below have historically moved differently from ESG, 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 ESG
388 ETFs have low correlation with ESG (below 0.3), 81 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 | -0.45 | — | — | 52 | Inverse Equities | ESG vs SMST | |
| ProShares Short Bitcoin ETF | -0.45 | -0.36 | — | 61 | Cryptocurrency | ESG vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 61 | Inverse Equities, Leveraged Equities | ESG vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ESG vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.42 | — | — | 75 | Derivative Income | ESG vs WNTR |
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