Looking to diversify beyond ETHO? The ETFs below have the lowest correlation with ETHO — 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 ETHO.
Best Diversifiers for ETHO
318 ETFs have low correlation with ETHO (below 0.3), 67 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.40 | -0.40 | 57 | Cryptocurrency | ETHO vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | -0.40 | -0.40 | 68 | Inverse Equities, Leveraged Equities | ETHO vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ETHO vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | -0.41 | -0.41 | 60 | Inverse Equities | ETHO vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 70 | Derivative Income | ETHO vs WNTR |
See all 2040 diversifiers for ETHO
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