Looking to diversify beyond ANGL? The ETFs below have historically moved differently from ANGL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ANGL
236 ETFs have low correlation with ANGL (below 0.3), 95 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | ANGL vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 52 | Inverse Equities | ANGL vs SMST | |
| Invesco DB Energy Fund | -0.40 | -0.13 | 0.02 | 72 | Oil & Gas | ANGL vs DBE | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 75 | Derivative Income | ANGL vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.40 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ANGL vs SBIT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ANGL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.14 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.08 | 0.14 | 66 | Consumer Defensive | |
| The Coca-Cola Company | -0.07 | 0.08 | 0.21 | 90 | Consumer Defensive | |
| Shell plc | -0.04 | 0.12 | 0.17 | 80 | Energy | |
| Johnson & Johnson | 0.05 | 0.13 | 0.19 | 97 | Healthcare | |
| Berkshire Hathaway Inc. | 0.11 | 0.29 | 0.37 | 61 | Financial Services |
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