Looking to diversify beyond GROZ? The ETFs below have historically moved differently from GROZ, 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 GROZ
538 ETFs have low correlation with GROZ (below 0.3), 120 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.52 | — | — | 52 | Inverse Equities | GROZ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.51 | — | — | 61 | Inverse Equities, Leveraged Equities | GROZ vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.50 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | GROZ vs SBIT | |
| ProShares Short Bitcoin ETF | -0.49 | — | — | 61 | Cryptocurrency | GROZ vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.49 | — | — | 75 | Derivative Income | GROZ vs WNTR |
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