Looking to diversify beyond EVLU? The ETFs below have historically moved differently from EVLU, 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 EVLU
512 ETFs have low correlation with EVLU (below 0.3), 92 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | — | — | 61 | Cryptocurrency | EVLU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | EVLU vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | EVLU vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 52 | Inverse Equities | EVLU vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 75 | Derivative Income | EVLU vs WNTR |
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