Looking to diversify beyond SNXX? The ETFs below have the lowest correlation with SNXX — 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 SNXX.
Best Diversifiers for SNXX
614 ETFs have low correlation with SNXX (below 0.3), 94 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.24 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | SNXX vs SBIT | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.24 | -0.24 | -0.24 | 76 | Large Cap Value Equities, Dividend | SNXX vs FDL | |
| ProShares Short Bitcoin ETF | -0.23 | -0.23 | — | 57 | Cryptocurrency | SNXX vs BITI | |
| Global X MLP ETF | -0.23 | -0.23 | -0.23 | 52 | MLPs | SNXX vs MLPA | |
| Alerian MLP ETF | -0.23 | -0.23 | -0.23 | 54 | MLPs | SNXX vs AMLP |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SNXX
Add SNXX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SNXX