Looking to diversify beyond ARKG? The ETFs below have the lowest correlation with ARKG — 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 ARKG.
Best Diversifiers for ARKG
465 ETFs have low correlation with ARKG (below 0.3), 83 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.26 | -0.06 | 0.00 | 66 | Oil & Gas | ARKG vs USO | |
| Invesco DB Energy Fund | -0.24 | -0.06 | 0.01 | 71 | Oil & Gas | ARKG vs DBE | |
| United States 12 Month Oil Fund LP | -0.23 | -0.04 | 0.02 | 56 | Oil & Gas | ARKG vs USL | |
| ProShares UltraShort Yen | -0.23 | -0.10 | -0.10 | 61 | Leveraged Currency | ARKG vs YCS | |
| United States Brent Oil Fund LP | -0.23 | -0.05 | 0.01 | 65 | Oil & Gas | ARKG vs BNO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARKG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARKG and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.25, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.25 | -0.04 | 0.01 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.19 | -0.06 | -0.02 | 53 | Utilities | |
| The Coca-Cola Company | -0.18 | -0.05 | 0.03 | 66 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.17 | 0.03 | 0.09 | 85 | Energy | |
| Walmart Inc. | -0.12 | 0.07 | 0.12 | 63 | Consumer Defensive |
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