Looking to diversify beyond SFYX? The ETFs below have the lowest correlation with SFYX — 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 SFYX.
Best Diversifiers for SFYX
405 ETFs have low correlation with SFYX (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, roughly unchanged from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.34 | -0.38 | 53 | Cryptocurrency | SFYX vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | — | — | 65 | Inverse Equities, Leveraged Equities | SFYX vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.26 | — | — | 70 | Derivative Income | SFYX vs WNTR | |
| Obra Opportunistic Structured Products ETF | -0.11 | — | — | 80 | Multisector Bonds | SFYX vs OOSP | |
| SGI Enhanced Core ETF | -0.08 | — | — | 97 | Intermediate Core Bond | SFYX vs USDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SFYX
Add SFYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SFYX