Looking to diversify beyond HODU? The ETFs below have the lowest correlation with HODU — 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 HODU.
Best Diversifiers for HODU
1 ETFs have low correlation with HODU (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 0.30 | — | — | 99 | Leveraged Equities | HODU vs MUU | |
| Direxion Daily South Korea Bull 3X Shares | 0.47 | 0.47 | 0.47 | 97 | Leveraged Equities | HODU vs KORU | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 0.61 | 0.61 | — | 71 | Leveraged Equities | HODU vs XTJL | |
| Direxion Daily Small Cap Bull 3X Shares | 0.63 | 0.63 | 0.63 | 59 | Leveraged Equities | HODU vs TNA | |
| Direxion Daily Technology Bull 3X Shares | 0.63 | 0.63 | 0.63 | 85 | Leveraged Equities, Technology Equities | HODU vs TECL |
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