Looking to diversify beyond SRTY? The ETFs below have the lowest correlation with SRTY — 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 SRTY.
Best Diversifiers for SRTY
1553 ETFs have low correlation with SRTY (below 0.3), 1509 of which are negatively correlated. The least correlated is Direxion Daily Small Cap Bull 3X Shares (TNA) (Leveraged Equities) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily Small Cap Bull 3X Shares | -1.00 | -1.00 | -1.00 | 59 | Leveraged Equities, Small Cap Blend Equities | SRTY vs TNA | |
| ProShares UltraPro Russell2000 | -1.00 | -1.00 | -1.00 | 59 | Leveraged Equities | SRTY vs URTY | |
| Vanguard Russell 2000 ETF | -1.00 | -1.00 | -1.00 | 68 | Small Cap Blend Equities | SRTY vs VTWO | |
| ProShares Ultra Russell2000 | -1.00 | -1.00 | -1.00 | 60 | Leveraged Equities | SRTY vs UWM | |
| iShares Russell 2000 ETF | -1.00 | -1.00 | -1.00 | 67 | Small Cap Blend Equities | SRTY vs IWM |
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