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
679 ETFs have low correlation with ARKB (below 0.3), 40 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.85 | — | — | 61 | Inverse Equities, Leveraged Equities | ARKB vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.84 | — | — | 53 | Inverse Equities | ARKB vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.80 | — | — | 69 | Derivative Income | ARKB vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.22 | — | — | 53 | Options Trading | ARKB vs CAOS | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | — | — | 60 | Inverse Equities | ARKB vs NFXS |
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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 Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.17, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.17 | -0.06 | -0.06 | 51 | Industrials | |
| Altria Group, Inc. | -0.16 | -0.03 | -0.03 | 77 | Consumer Defensive | |
| Berkshire Hathaway Inc. | -0.15 | 0.05 | 0.05 | 52 | Financial Services | |
| Duke Energy Corporation | -0.13 | -0.06 | -0.06 | 63 | Utilities | |
| Verizon Communications Inc. | -0.12 | -0.07 | -0.07 | 59 | Communication Services |
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