Looking to diversify beyond ARKK? The ETFs below have the lowest correlation with ARKK — 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 ARKK.
Best Diversifiers for ARKK
442 ETFs have low correlation with ARKK (below 0.3), 66 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.23 | -0.05 | 0.02 | 66 | Oil & Gas | ARKK vs USO | |
| Invesco DB Energy Fund | -0.21 | -0.05 | 0.03 | 71 | Oil & Gas | ARKK vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.20 | -0.05 | -0.05 | 56 | Derivative Income | ARKK vs USOY | |
| United States Brent Oil Fund LP | -0.19 | -0.04 | 0.02 | 65 | Oil & Gas | ARKK vs BNO | |
| United States 12 Month Oil Fund LP | -0.16 | -0.01 | 0.04 | 56 | Oil & Gas | ARKK vs USL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARKK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARKK and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.27, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.27 | -0.10 | 0.01 | 66 | Consumer Defensive | |
| Altria Group, Inc. | -0.22 | -0.03 | 0.01 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.21 | -0.09 | -0.05 | 53 | Utilities | |
| Chubb Limited | -0.18 | -0.07 | 0.04 | 51 | Financial Services | |
| Verizon Communications Inc. | -0.16 | -0.06 | 0.01 | 59 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ARKK
Add ARKK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ARKK