Looking to diversify beyond SDTY? The ETFs below have the lowest correlation with SDTY — 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 SDTY.
Best Diversifiers for SDTY
293 ETFs have low correlation with SDTY (below 0.3), 59 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.45 | -0.45 | 57 | Cryptocurrency | SDTY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.45 | -0.45 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SDTY vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | SDTY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | SDTY vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.28 | — | — | 51 | Currency | SDTY vs UUP |
See all 1550 diversifiers for SDTY
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