Looking to diversify beyond NEHI? The ETFs below have the lowest correlation with NEHI — 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 NEHI.
Best Diversifiers for NEHI
507 ETFs have low correlation with NEHI (below 0.3), 53 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.79, roughly unchanged from -0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.79 | -0.79 | -0.79 | 68 | Inverse Equities, Leveraged Equities | NEHI vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.75 | -0.75 | -0.75 | 70 | Derivative Income | NEHI vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.26 | -0.26 | -0.26 | 51 | Currency | NEHI vs UUP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.13 | -0.13 | 97 | Inflation-Protected Bonds | NEHI vs RBIL | |
| Simplify Currency Strategy ETF | -0.11 | — | — | 89 | Leveraged Currency | NEHI vs FOXY |
See all 1519 diversifiers for NEHI
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NEHI
Add NEHI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NEHI