Looking to diversify beyond IONX? The ETFs below have historically moved differently from IONX, 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 IONX
1122 ETFs have low correlation with IONX (below 0.3), 100 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.53 | — | — | 52 | Inverse Equities | IONX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.53 | — | — | 61 | Inverse Equities, Leveraged Equities | IONX vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.53 | — | — | 75 | Derivative Income | IONX vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | IONX vs SBIT | |
| ProShares Short Bitcoin ETF | -0.45 | — | — | 61 | Cryptocurrency | IONX vs BITI |
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