Looking to diversify beyond ETHW? The ETFs below have the lowest correlation with ETHW — 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 ETHW.
Best Diversifiers for ETHW
614 ETFs have low correlation with ETHW (below 0.3), 49 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.11, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.11 | -0.02 | -0.02 | 71 | Oil & Gas | ETHW vs DBE | |
| FlexShares Ultra-Short Income ETF | -0.10 | -0.01 | -0.01 | 99 | Ultrashort Bond | ETHW vs RAVI | |
| United States Gasoline Fund LP | -0.09 | -0.03 | -0.03 | 71 | Oil & Gas | ETHW vs UGA | |
| United States Oil Fund LP | -0.09 | -0.01 | -0.01 | 66 | Oil & Gas | ETHW vs USO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | — | — | 98 | Inflation-Protected Bonds | ETHW vs RBIL |
See all 2191 diversifiers for ETHW
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