Looking to diversify beyond IDNA? The ETFs below have historically moved differently from IDNA, 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 IDNA
403 ETFs have low correlation with IDNA (below 0.3), 90 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 61 | Inverse Equities, Leveraged Equities | IDNA vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.31 | -0.29 | — | 61 | Cryptocurrency | IDNA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.30 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | IDNA vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | — | — | 52 | Inverse Equities | IDNA vs SMST | |
| United States Brent Oil Fund LP | -0.29 | -0.13 | -0.04 | 52 | Oil & Gas | IDNA vs BNO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IDNA
Add IDNA to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IDNA