Looking to diversify beyond ETTY? The ETFs below have the lowest correlation with ETTY — 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 ETTY.
Best Diversifiers for ETTY
519 ETFs have low correlation with ETTY (below 0.3), 18 of which are negatively correlated. The least correlated is Alerian MLP ETF (AMLP) (MLPs) with a 1Y correlation of -0.05, roughly unchanged from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian MLP ETF | -0.05 | -0.05 | -0.05 | 56 | MLPs | ETTY vs AMLP | |
| F/m US Treasury 3 Month Bill ETF | -0.05 | -0.05 | -0.05 | 100 | Ultrashort Bond | ETTY vs TBIL | |
| Amplify Samsung SOFR ETF | -0.03 | -0.03 | -0.03 | 98 | Multisector Bonds | ETTY vs SOFR | |
| Global X MLP ETF | -0.03 | -0.03 | -0.03 | 54 | MLPs | ETTY vs MLPA | |
| Simplify Currency Strategy ETF | -0.03 | -0.03 | -0.03 | 84 | Leveraged Currency | ETTY vs FOXY |
See all 2019 diversifiers for ETTY
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