Looking to diversify beyond ETHA? The ETFs below have the lowest correlation with ETHA — 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 ETHA.
Best Diversifiers for ETHA
548 ETFs have low correlation with ETHA (below 0.3), 32 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.13 | — | — | 55 | Inverse Equities | ETHA vs NFXS | |
| United States Gasoline Fund LP | -0.08 | — | — | 55 | Oil & Gas | ETHA vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.08 | — | — | 98 | Ultrashort Bond | ETHA vs BAMU | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | — | — | 100 | Government Bonds, Ultrashort Bond | ETHA vs USFR | |
| FlexShares Ultra-Short Income ETF | -0.07 | — | — | 99 | Ultrashort Bond | ETHA vs RAVI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ETHA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ETHA and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.17, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.17 | -0.09 | -0.09 | 69 | Financial Services | |
| Duke Energy Corporation | -0.13 | -0.13 | -0.13 | 62 | Utilities | |
| Altria Group, Inc. | -0.13 | -0.10 | -0.10 | 72 | Consumer Defensive | |
| Walmart Inc. | -0.13 | -0.01 | -0.01 | 69 | Consumer Defensive | |
| Verizon Communications Inc. | -0.12 | -0.12 | -0.12 | 66 | Communication Services |
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