Looking to diversify beyond SOUX? The ETFs below have the lowest correlation with SOUX — 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 SOUX.
Best Diversifiers for SOUX
2 ETFs have low correlation with SOUX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long MU Daily ETF | 0.28 | — | — | 98 | Leveraged Equities | SOUX vs MULL | |
| GraniteShares 2x Long VRT Daily ETF | 0.28 | 0.28 | 0.28 | 82 | Leveraged Equities | SOUX vs VRTL | |
| Leverage Shares 2X Long ARM Daily ETF | 0.35 | 0.35 | 0.35 | 51 | Leveraged Equities | SOUX vs ARMG | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.37 | 0.37 | 0.37 | 96 | Leveraged Equities, Semiconductors | SOUX vs SOXL | |
| Leverage Shares 2X Long TSM Daily ETF | 0.38 | — | — | 85 | Leveraged Equities | SOUX vs TSMG |
See all 9 diversifiers for SOUX
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