Looking to diversify beyond YBTY? The ETFs below have the lowest correlation with YBTY — 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 YBTY.
Best Diversifiers for YBTY
1 ETFs have low correlation with YBTY (below 0.3), 0 of which are negatively correlated. The least correlated is VistaShares Target 15™ Berkshire Select Income ETF (OMAH) (Derivative Income) with a 1Y correlation of 0.13, roughly unchanged from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VistaShares Target 15™ Berkshire Select Income ETF | 0.13 | 0.13 | — | 51 | Derivative Income | YBTY vs OMAH | |
| YieldMax TSM Option Income Strategy ETF | 0.45 | — | — | 84 | Derivative Income | YBTY vs TSMY | |
| Invesco S&P 500 BuyWrite ETF | 0.58 | 0.58 | 0.58 | 79 | Derivative Income, S&P 500 | YBTY vs PBP | |
| Fidelity Yield Enhanced Equity ETF | 0.60 | 0.60 | 0.60 | 68 | Derivative Income | YBTY vs FYEE | |
| Global X NASDAQ 100 Covered Call ETF | 0.62 | 0.62 | 0.62 | 84 | Nasdaq-100, Derivative Income | YBTY vs QYLD |
See all 7 diversifiers for YBTY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements YBTY
Add YBTY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with YBTY