Looking to diversify beyond ESMV? The ETFs below have historically moved differently from ESMV, 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 ESMV
461 ETFs have low correlation with ESMV (below 0.3), 46 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | — | — | 61 | Inverse Equities, Leveraged Equities | ESMV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.28 | — | — | 52 | Inverse Equities | ESMV vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.27 | — | — | 75 | Derivative Income | ESMV vs WNTR | |
| ProShares Short Bitcoin ETF | -0.25 | -0.22 | — | 61 | Cryptocurrency | ESMV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.25 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ESMV vs SBIT |
See all 2231 diversifiers for ESMV
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