Looking to diversify beyond ETHU? The ETFs below have the lowest correlation with ETHU — 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 ETHU.
Best Diversifiers for ETHU
538 ETFs have low correlation with ETHU (below 0.3), 32 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.13, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.13 | -0.18 | -0.18 | 55 | Inverse Equities | ETHU vs NFXS | |
| United States Gasoline Fund LP | -0.08 | — | — | 55 | Oil & Gas | ETHU vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.07 | — | — | 98 | Ultrashort Bond | ETHU vs BAMU | |
| FlexShares Ultra-Short Income ETF | -0.07 | — | — | 99 | Ultrashort Bond | ETHU vs RAVI | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | — | — | 100 | Government Bonds, Ultrashort Bond | ETHU vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ETHU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ETHU and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.18, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Apple Inc | 0.18 | 0.22 | 0.22 | 87 | Technology | |
| BitMine Immersion Technologies, Inc. | 0.75 | — | — | 81 | Financial Services |
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