Looking to diversify beyond ESN? The ETFs below have the lowest correlation with ESN — 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 ESN.
Best Diversifiers for ESN
305 ETFs have low correlation with ESN (below 0.3), 31 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 68 | Inverse Equities, Leveraged Equities | ESN vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | — | — | 60 | Inverse Equities | ESN vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | ESN vs SBIT | |
| ProShares Short Bitcoin ETF | -0.38 | — | — | 57 | Cryptocurrency | ESN vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 70 | Derivative Income | ESN vs WNTR |
See all 2053 diversifiers for ESN
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