Looking to diversify beyond ARKF? The ETFs below have the lowest correlation with ARKF — 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 ARKF.
Best Diversifiers for ARKF
412 ETFs have low correlation with ARKF (below 0.3), 39 of which are negatively correlated. The least correlated is Direxion Daily NFLX Bear 1X Shares (NFXS) (Inverse Equities) with a 1Y correlation of -0.29, up from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | -0.29 | -0.41 | -0.41 | 55 | Inverse Equities | ARKF vs NFXS | |
| Brookstone Ultra-Short Bond ETF | -0.17 | — | — | 98 | Ultrashort Bond | ARKF vs BAMU | |
| United States Gasoline Fund LP | -0.15 | -0.01 | 0.06 | 55 | Oil & Gas | ARKF vs UGA | |
| ProShares UltraShort Yen | -0.15 | -0.04 | -0.05 | 63 | Leveraged Currency | ARKF vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | ARKF vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARKF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARKF and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.24, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.24 | -0.07 | 0.03 | 74 | Consumer Defensive | |
| Johnson & Johnson | -0.19 | -0.11 | -0.01 | 96 | Healthcare | |
| Altria Group, Inc. | -0.19 | -0.02 | 0.03 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.18 | -0.09 | -0.04 | 62 | Utilities | |
| Verizon Communications Inc. | -0.18 | -0.06 | 0.00 | 66 | Communication Services |
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