Looking to diversify beyond ISHP? The ETFs below have the lowest correlation with ISHP — 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 ISHP.
Best Diversifiers for ISHP
331 ETFs have low correlation with ISHP (below 0.3), 75 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 | -0.42 | — | — | 60 | Inverse Equities | ISHP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | -0.43 | -0.43 | 68 | Inverse Equities, Leveraged Equities | ISHP vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ISHP vs SBIT | |
| ProShares Short Bitcoin ETF | -0.38 | -0.33 | -0.35 | 57 | Cryptocurrency | ISHP vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 70 | Derivative Income | ISHP vs WNTR |
See all 2037 diversifiers for ISHP
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Diversification Analysis
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