Looking to diversify beyond ARKD? The ETFs below have the lowest correlation with ARKD — 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 ARKD.
Best Diversifiers for ARKD
290 ETFs have low correlation with ARKD (below 0.3), 68 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.28, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.28 | -0.28 | -0.28 | 72 | Oil & Gas | ARKD vs UGA | |
| Return Stacked Bonds & Futures Yield ETF | -0.27 | -0.27 | -0.27 | 51 | Multistrategy | ARKD vs RSBY | |
| iShares Global Energy ETF | -0.25 | -0.25 | -0.25 | 51 | Energy Equities | ARKD vs IXC | |
| USCF Midstream Energy Income Fund ETF | -0.23 | -0.23 | -0.23 | 77 | Energy Equities | ARKD vs UMI | |
| Invesco SteelPath MLP & Energy Infrastructure ETF | -0.22 | -0.22 | -0.22 | 83 | Energy Equities | ARKD vs PIPE |
See all 2040 diversifiers for ARKD
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