Looking to diversify beyond INVN? The ETFs below have the lowest correlation with INVN — 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 INVN.
Best Diversifiers for INVN
641 ETFs have low correlation with INVN (below 0.3), 43 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.39, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | -0.38 | -0.38 | 53 | Inverse Equities | INVN vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | -0.38 | -0.38 | 60 | Inverse Equities, Leveraged Equities | INVN vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | INVN vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.20 | — | — | 60 | Inverse Equities | INVN vs NFXS | |
| Breakwave Tanker Shipping ETF | -0.11 | -0.08 | -0.08 | 99 | Commodities | INVN vs BWET |
See all 2048 diversifiers for INVN
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