Looking to diversify beyond SBTU? The ETFs below have the lowest correlation with SBTU — 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 SBTU.
Best Diversifiers for SBTU
0 ETFs have low correlation with SBTU (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 2X Long ASML Daily ETF (ASMG) (Leveraged Equities) with a 1Y correlation of 0.34, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long ASML Daily ETF | 0.34 | 0.34 | 0.34 | 91 | Leveraged Equities | SBTU vs ASMG | |
| Leverage Shares 2X Long ARM Daily ETF | 0.39 | 0.39 | 0.39 | 71 | Leveraged Equities | SBTU vs ARMG | |
| Leverage Shares 2X Long TSM Daily ETF | 0.43 | 0.43 | 0.43 | 90 | Leveraged Equities | SBTU vs TSMG | |
| Innovator Growth Accelerated Plus ETF - April | 0.48 | 0.48 | 0.48 | 97 | Leveraged Equities | SBTU vs QTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.50 | 0.50 | 0.50 | 97 | Leveraged Equities, Semiconductors | SBTU vs SOXL |
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