Looking to diversify beyond HEZU? The ETFs below have the lowest correlation with HEZU — 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 HEZU.
Best Diversifiers for HEZU
361 ETFs have low correlation with HEZU (below 0.3), 86 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.34 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | HEZU vs SBIT | |
| ProShares Short Bitcoin ETF | -0.33 | -0.29 | -0.31 | 57 | Cryptocurrency | HEZU vs BITI | |
| Invesco DB Energy Fund | -0.33 | -0.11 | 0.04 | 53 | Oil & Gas | HEZU vs DBE | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 53 | Inverse Equities | HEZU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 68 | Inverse Equities, Leveraged Equities | HEZU vs MSTZ |
See all 2058 diversifiers for HEZU
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