Looking to diversify beyond GHYB? The ETFs below have the lowest correlation with GHYB — 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 GHYB.
Best Diversifiers for GHYB
194 ETFs have low correlation with GHYB (below 0.3), 60 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 60 | Inverse Equities, Leveraged Equities | GHYB vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 53 | Inverse Equities | GHYB vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | -0.42 | -0.42 | 65 | Derivative Income | GHYB vs WNTR | |
| ProShares UltraShort Yen | -0.36 | -0.25 | -0.23 | 75 | Leveraged Currency | GHYB vs YCS | |
| United States Gasoline Fund LP | -0.31 | -0.07 | 0.05 | 72 | Oil & Gas | GHYB vs UGA |
See all 2058 diversifiers for GHYB
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