Looking to diversify beyond MSTW? The ETFs below have the lowest correlation with MSTW — 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 MSTW.
Best Diversifiers for MSTW
499 ETFs have low correlation with MSTW (below 0.3), 28 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -1.00 | — | — | 68 | Inverse Equities, Leveraged Equities | MSTW vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.84 | -0.84 | -0.84 | 52 | Cryptocurrency, Leveraged Cryptocurrency | MSTW vs SBIT | |
| ProShares Short Bitcoin ETF | -0.84 | -0.84 | -0.84 | 57 | Cryptocurrency | MSTW vs BITI | |
| Direxion Daily MU Bull 2X Shares | -0.21 | -0.21 | -0.21 | 99 | Leveraged Equities, Semiconductors | MSTW vs MUU | |
| Alerian Energy Infrastructure ETF | -0.04 | -0.04 | -0.04 | 77 | Energy Equities | MSTW vs ENFR |
See all 1508 diversifiers for MSTW
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