Looking to diversify beyond STLG? The ETFs below have the lowest correlation with STLG — 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 STLG.
Best Diversifiers for STLG
326 ETFs have low correlation with STLG (below 0.3), 70 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.36 | -0.39 | 57 | Cryptocurrency | STLG vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.45 | -0.45 | 68 | Inverse Equities, Leveraged Equities | STLG vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | STLG vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | STLG vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.28 | -0.18 | -0.25 | 51 | Currency | STLG vs UUP |
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