Looking to diversify beyond ETHW? The ETFs below have historically moved differently from ETHW, 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 ETHW
655 ETFs have low correlation with ETHW (below 0.3), 42 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.91 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ETHW vs SBIT | |
| ProShares Short Bitcoin ETF | -0.91 | — | — | 61 | Cryptocurrency | ETHW vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.80 | — | — | 61 | Inverse Equities, Leveraged Equities | ETHW vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.80 | — | — | 52 | Inverse Equities | ETHW vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.75 | — | — | 75 | Derivative Income | ETHW vs WNTR |
See all 2242 diversifiers for ETHW
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