Looking to diversify beyond EVHY? The ETFs below have historically moved differently from EVHY, 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 EVHY
252 ETFs have low correlation with EVHY (below 0.3), 99 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 61 | Inverse Equities, Leveraged Equities | EVHY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 52 | Inverse Equities | EVHY vs SMST | |
| ProShares Short Bitcoin ETF | -0.39 | — | — | 61 | Cryptocurrency | EVHY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | EVHY vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | -0.41 | -0.41 | 75 | Derivative Income | EVHY vs WNTR |
See all 2227 diversifiers for EVHY
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