Looking to diversify beyond AIS? The ETFs below have the lowest correlation with AIS — 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 AIS.
Best Diversifiers for AIS
540 ETFs have low correlation with AIS (below 0.3), 108 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.43 | -0.43 | 57 | Cryptocurrency | AIS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AIS vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | — | — | 60 | Inverse Equities | AIS vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 68 | Inverse Equities, Leveraged Equities | AIS vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 70 | Derivative Income | AIS vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AIS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AIS and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.41 | — | — | 53 | Industrials | |
| Duke Energy Corporation | -0.34 | -0.30 | -0.30 | 66 | Utilities | |
| Altria Group, Inc. | -0.31 | -0.28 | -0.28 | 81 | Consumer Defensive | |
| The Southern Company | -0.28 | -0.26 | -0.26 | 58 | Utilities | |
| Verizon Communications Inc. | -0.27 | -0.24 | -0.24 | 57 | Communication Services |
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