Looking to diversify beyond ARKB? The ETFs below have the lowest correlation with ARKB — 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 ARKB.
Best Diversifiers for ARKB
586 ETFs have low correlation with ARKB (below 0.3), 33 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.81, roughly unchanged from -0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.81 | -0.81 | -0.81 | 51 | Derivative Income | ARKB vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.13 | — | — | 63 | Inverse Equities | ARKB vs NFXS | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | — | — | 100 | Government Bonds, Ultrashort Bond | ARKB vs USFR | |
| Schwab Ultra-Short Income ETF | -0.09 | — | — | 99 | Ultrashort Bond | ARKB vs SCUS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | — | — | 97 | Inflation-Protected Bonds | ARKB vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARKB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARKB and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.17 | -0.03 | -0.03 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.14 | -0.06 | -0.06 | 64 | Utilities | |
| Verizon Communications Inc. | -0.12 | -0.07 | -0.07 | 62 | Communication Services | |
| CVS Health Corporation | -0.12 | -0.00 | -0.00 | 85 | Healthcare | |
| Johnson & Johnson | -0.12 | -0.05 | -0.05 | 96 | Healthcare |
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