Looking to diversify beyond HCMT? The ETFs below have the lowest correlation with HCMT — 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 HCMT.
Best Diversifiers for HCMT
460 ETFs have low correlation with HCMT (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 60 | Inverse Equities | HCMT vs SMST | |
| ProShares Short Bitcoin ETF | -0.42 | -0.34 | -0.34 | 57 | Cryptocurrency | HCMT vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | HCMT vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | HCMT vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | HCMT vs WNTR |
See all 2042 diversifiers for HCMT
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