Looking to diversify beyond GRPZ? The ETFs below have historically moved differently from GRPZ, 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 GRPZ
372 ETFs have low correlation with GRPZ (below 0.3), 68 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 | -0.36 | — | — | 61 | Inverse Equities, Leveraged Equities | GRPZ vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.35 | — | — | 61 | Cryptocurrency | GRPZ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | GRPZ vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | — | — | 52 | Inverse Equities | GRPZ vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.33 | — | — | 75 | Derivative Income | GRPZ vs WNTR |
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