Looking to diversify beyond IDUB? The ETFs below have historically moved differently from IDUB, 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 IDUB
341 ETFs have low correlation with IDUB (below 0.3), 78 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, down from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.33 | — | 61 | Cryptocurrency | IDUB vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | IDUB vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | -0.35 | -0.35 | 61 | Inverse Equities, Leveraged Equities | IDUB vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | — | — | 52 | Inverse Equities | IDUB vs SMST | |
| Alpha Architect Tail Risk ETF | -0.37 | -0.10 | — | 56 | Options Trading | IDUB vs CAOS |
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