Looking to diversify beyond SDVY? The ETFs below have the lowest correlation with SDVY — 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 SDVY.
Best Diversifiers for SDVY
262 ETFs have low correlation with SDVY (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.30, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.30 | -0.31 | -0.34 | 57 | Cryptocurrency | SDVY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.29 | -0.34 | -0.34 | 52 | Cryptocurrency, Leveraged Cryptocurrency | SDVY vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.28 | — | — | 68 | Inverse Equities, Leveraged Equities | SDVY vs MSTZ | |
| Invesco DB Energy Fund | -0.28 | -0.02 | 0.14 | 53 | Oil & Gas | SDVY vs DBE | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | — | — | 70 | Derivative Income | SDVY vs WNTR |
See all 1558 diversifiers for SDVY
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