Looking to diversify beyond INOV? The ETFs below have historically moved differently from INOV, 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 INOV
293 ETFs have low correlation with INOV (below 0.3), 83 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | — | — | 61 | Cryptocurrency | INOV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | INOV vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 52 | Inverse Equities | INOV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 61 | Inverse Equities, Leveraged Equities | INOV vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.38 | — | — | 75 | Derivative Income | INOV vs WNTR |
See all 2225 diversifiers for INOV
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