Looking to diversify beyond AIRR? The ETFs below have the lowest correlation with AIRR — 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 AIRR.
Best Diversifiers for AIRR
418 ETFs have low correlation with AIRR (below 0.3), 60 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 -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.33 | -0.35 | 57 | Cryptocurrency | AIRR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AIRR vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 68 | Inverse Equities, Leveraged Equities | AIRR vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | — | — | 60 | Inverse Equities | AIRR vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 70 | Derivative Income | AIRR vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AIRR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AIRR and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.17 | 0.00 | 0.15 | 83 | Consumer Defensive | |
| Altria Group, Inc. | -0.16 | -0.01 | 0.14 | 81 | Consumer Defensive | |
| Chubb Limited | -0.15 | 0.06 | 0.24 | 86 | Financial Services | |
| Waste Management, Inc. | -0.14 | 0.07 | 0.20 | 53 | Industrials | |
| Verizon Communications Inc. | -0.14 | 0.00 | 0.11 | 57 | Communication Services |
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Build a portfolio that complements AIRR
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Analyze a portfolio with AIRR