Looking to diversify beyond ANGL? The ETFs below have the lowest correlation with ANGL — 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 ANGL.
Best Diversifiers for ANGL
186 ETFs have low correlation with ANGL (below 0.3), 61 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | — | — | 53 | Inverse Equities | ANGL vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | — | — | 60 | Inverse Equities, Leveraged Equities | ANGL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 65 | Derivative Income | ANGL vs WNTR | |
| ProShares UltraShort Yen | -0.37 | -0.29 | -0.27 | 75 | Leveraged Currency | ANGL vs YCS | |
| United States Gasoline Fund LP | -0.34 | -0.10 | 0.03 | 72 | Oil & Gas | ANGL vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ANGL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ANGL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.08 | 0.15 | 79 | Consumer Defensive | |
| Waste Management, Inc. | -0.06 | 0.10 | 0.21 | 51 | Industrials | |
| The Coca-Cola Company | -0.06 | 0.09 | 0.22 | 82 | Consumer Defensive | |
| Shell plc | -0.01 | 0.15 | 0.19 | 68 | Energy | |
| Johnson & Johnson | 0.10 | 0.13 | 0.20 | 97 | Healthcare |
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