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
257 ETFs have low correlation with ULVM (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, roughly unchanged from -0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.32 | — | 53 | Cryptocurrency | ULVM vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 65 | Inverse Equities, Leveraged Equities | ULVM vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 70 | Derivative Income | ULVM vs WNTR | |
| Invesco DB Energy Fund | -0.23 | -0.05 | 0.13 | 57 | Oil & Gas | ULVM vs DBE | |
| ProShares UltraShort Yen | -0.20 | -0.08 | -0.04 | 72 | Leveraged Currency | ULVM vs YCS |
See all 1562 diversifiers for ULVM
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