Looking to diversify beyond ETU? The ETFs below have the lowest correlation with ETU — 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 ETU.
Best Diversifiers for ETU
624 ETFs have low correlation with ETU (below 0.3), 34 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.89, roughly unchanged from -0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.89 | -0.82 | -0.82 | 53 | Cryptocurrency | ETU vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.78 | -0.68 | -0.68 | 65 | Inverse Equities, Leveraged Equities | ETU vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.77 | -0.68 | -0.68 | 56 | Inverse Equities | ETU vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.73 | — | — | 70 | Derivative Income | ETU vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.13 | — | — | 61 | Inverse Equities | ETU vs NFXS |
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