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
363 ETFs have low correlation with ARKK (below 0.3), 46 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.19, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.19 | -0.03 | 0.03 | 55 | Oil & Gas | ARKK vs UGA | |
| ProShares UltraShort Yen | -0.18 | -0.07 | -0.06 | 63 | Leveraged Currency | ARKK vs YCS | |
| Direxion Daily NFLX Bear 1X Shares | -0.16 | -0.32 | -0.32 | 55 | Inverse Equities | ARKK vs NFXS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | — | — | 97 | Inflation-Protected Bonds | ARKK vs RBIL | |
| Brookstone Ultra-Short Bond ETF | -0.14 | — | — | 98 | Ultrashort Bond | ARKK vs BAMU |
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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 -0.32, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.32 | -0.11 | -0.00 | 74 | Consumer Defensive | |
| Altria Group, Inc. | -0.24 | -0.05 | 0.00 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.21 | -0.10 | -0.05 | 62 | Utilities | |
| Chubb Limited | -0.21 | -0.09 | 0.04 | 69 | Financial Services | |
| Verizon Communications Inc. | -0.20 | -0.07 | 0.01 | 66 | Communication Services |
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