Looking to diversify beyond HERD? The ETFs below have the lowest correlation with HERD — 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 HERD.
Best Diversifiers for HERD
313 ETFs have low correlation with HERD (below 0.3), 26 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 | -0.38 | — | — | 65 | Inverse Equities, Leveraged Equities | HERD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 56 | Inverse Equities | HERD vs SMST | |
| ProShares Short Bitcoin ETF | -0.37 | -0.30 | -0.34 | 53 | Cryptocurrency | HERD vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 70 | Derivative Income | HERD vs WNTR | |
| ProShares UltraShort Yen | -0.28 | -0.12 | -0.10 | 72 | Leveraged Currency | HERD vs YCS |
See all 2062 diversifiers for HERD
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Diversification Analysis
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