Looking to diversify beyond ARGT? The ETFs below have the lowest correlation with ARGT — 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 ARGT.
Best Diversifiers for ARGT
583 ETFs have low correlation with ARGT (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.29, roughly unchanged from -0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.29 | -0.26 | -0.29 | 57 | Cryptocurrency | ARGT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.28 | -0.30 | -0.30 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ARGT vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 68 | Inverse Equities, Leveraged Equities | ARGT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.27 | — | — | 60 | Inverse Equities | ARGT vs SMST | |
| Invesco DB US Dollar Index Bullish Fund | -0.26 | -0.22 | -0.29 | 51 | Currency | ARGT vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARGT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARGT and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.15, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.15 | 0.02 | 0.09 | 71 | Consumer Defensive | |
| AbbVie Inc. | -0.08 | 0.02 | 0.08 | 79 | Healthcare | |
| Berkshire Hathaway Inc. | -0.07 | 0.16 | 0.30 | 53 | Financial Services | |
| Occidental Petroleum Corporation | 0.00 | 0.16 | 0.27 | 62 | Energy | |
| Eli Lilly and Company | 0.02 | 0.12 | 0.14 | 80 | Healthcare |
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Build a portfolio that complements ARGT
Add ARGT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ARGT