Shariah-compliant ETF correlation explorer
Monthly returns, 26 months ending Apr 2026 · Source: TradingView
👉 Click a fund name (in the row or column labels, not the cells) to highlight its three best diversifiers. Hover any cell to see the correlation.
Correlation
-0.20.00.20.40.60.81.0
green = diversifying · red = redundant
= best diversifier
Not financial advice. For educational purposes only. Correlations are calculated on equal-weighted monthly returns and will change as market conditions shift. Average pairwise correlation is a simplified diversification proxy — it does not account for position sizes or volatility. Always do your own research or consult a qualified adviser before investing.