Looking to diversify beyond ULVM? The ETFs below have the lowest correlation with ULVM — 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 ULVM.
Best Diversifiers for ULVM
256 ETFs have low correlation with ULVM (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.33 | -0.34 | 57 | Cryptocurrency | ULVM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.34 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ULVM vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 68 | Inverse Equities, Leveraged Equities | ULVM vs MSTZ | |
| Invesco DB US Dollar Index Bullish Fund | -0.30 | -0.23 | -0.31 | 51 | Currency | ULVM vs UUP | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | -0.33 | -0.33 | 70 | Derivative Income | ULVM vs WNTR |
See all 1546 diversifiers for ULVM
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