Looking to diversify beyond HQGO? The ETFs below have historically moved differently from HQGO, 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 HQGO
436 ETFs have low correlation with HQGO (below 0.3), 91 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | — | — | 52 | Inverse Equities | HQGO vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 61 | Inverse Equities, Leveraged Equities | HQGO vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.47 | — | — | 61 | Cryptocurrency | HQGO vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | HQGO vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.45 | — | — | 75 | Derivative Income | HQGO vs WNTR |
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