Looking to diversify beyond SKYU? The ETFs below have historically moved differently from SKYU, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SKYU
672 ETFs have low correlation with SKYU (below 0.3), 87 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | SKYU vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 75 | Derivative Income | SKYU vs WNTR | |
| ProShares Short Bitcoin ETF | -0.38 | -0.33 | — | 61 | Cryptocurrency | SKYU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | SKYU vs SBIT | |
| Alpha Architect Tail Risk ETF | -0.22 | -0.04 | — | 56 | Options Trading | SKYU vs CAOS |
See all 1702 diversifiers for SKYU
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