Looking to diversify beyond IONL? The ETFs below have the lowest correlation with IONL — 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 IONL.
Best Diversifiers for IONL
808 ETFs have low correlation with IONL (below 0.3), 62 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.50 | — | — | 63 | Inverse Equities | IONL vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.50 | — | — | 73 | Derivative Income | IONL vs WNTR | |
| ProShares Short Bitcoin ETF | -0.42 | -0.41 | -0.41 | 52 | Cryptocurrency | IONL vs BITI | |
| Return Stacked Bonds & Futures Yield ETF | -0.15 | — | — | 56 | Multistrategy | IONL vs RSBY | |
| Vanguard Ultra-Short Treasury ETF | -0.10 | — | — | 100 | Ultrashort Bond, Government Bonds | IONL vs VGUS |
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