Looking to diversify beyond SELV? The ETFs below have the lowest correlation with SELV — 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 SELV.
Best Diversifiers for SELV
544 ETFs have low correlation with SELV (below 0.3), 29 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | -0.12 | — | — | 92 | Derivative Income, Options Trading | SELV vs AMDY | |
| NestYield Dynamic Income ETF | -0.11 | — | — | 59 | Derivative Income | SELV vs EGGY | |
| Leverage Shares 2X Long AMD Daily ETF | -0.11 | — | — | 95 | Leveraged Equities | SELV vs AMDG | |
| First Trust Alternative Absolute Return Strategy E... | -0.10 | -0.03 | — | 70 | Commodities | SELV vs FAAR | |
| GraniteShares 2x Long AMD Daily ETF | -0.09 | 0.12 | 0.12 | 95 | Leveraged Equities | SELV vs AMDL |
See all 1154 diversifiers for SELV
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