Looking to diversify beyond AGQ? The ETFs below have the lowest correlation with AGQ — 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 AGQ.
Best Diversifiers for AGQ
1044 ETFs have low correlation with AGQ (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.27, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.27 | -0.19 | -0.21 | 53 | Cryptocurrency | AGQ vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.25 | -0.23 | -0.23 | 65 | Inverse Equities, Leveraged Equities | AGQ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.24 | -0.24 | -0.24 | 56 | Inverse Equities | AGQ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.23 | -0.21 | -0.21 | 70 | Derivative Income | AGQ vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.16 | -0.22 | -0.22 | 54 | Multistrategy | AGQ vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGQ and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.07, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.07 | -0.05 | 0.00 | 83 | Financial Services | |
| Altria Group, Inc. | -0.07 | -0.02 | 0.05 | 78 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.05 | 0.07 | 0.16 | 85 | Energy | |
| The Coca-Cola Company | -0.04 | -0.01 | 0.06 | 82 | Consumer Defensive | |
| Duke Energy Corporation | -0.02 | 0.02 | 0.09 | 65 | Utilities |
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