Looking to diversify beyond AGQI? The ETFs below have the lowest correlation with AGQI — 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 AGQI.
Best Diversifiers for AGQI
233 ETFs have low correlation with AGQI (below 0.3), 31 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.38, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | -0.34 | -0.34 | 53 | Inverse Equities | AGQI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.33 | -0.33 | 62 | Inverse Equities, Leveraged Equities | AGQI vs MSTZ | |
| ProShares UltraShort Yen | -0.36 | — | — | 73 | Leveraged Currency | AGQI vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | -0.36 | -0.36 | 63 | Derivative Income | AGQI vs WNTR | |
| United States Gasoline Fund LP | -0.22 | — | — | 69 | Oil & Gas | AGQI vs UGA |
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