Looking to diversify beyond ETHB? The ETFs below have historically moved differently from ETHB, 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 ETHB
1 ETFs have low correlation with ETHB (below 0.3), 1 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.92, roughly unchanged from -0.92 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.92 | -0.92 | -0.92 | 61 | Cryptocurrency | ETHB vs BITI | |
| iShares Semiconductor ETF | 0.31 | 0.31 | 0.31 | 90 | Semiconductors, Technology Equities | ETHB vs SOXX | |
| iShares MSCI ACWI ETF | 0.56 | 0.56 | 0.56 | 71 | Global Equities | ETHB vs ACWI |
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