Looking to diversify beyond ARKQ? The ETFs below have historically moved differently from ARKQ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ARKQ
541 ETFs have low correlation with ARKQ (below 0.3), 99 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.57 | — | — | 52 | Inverse Equities | ARKQ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.56 | — | — | 61 | Inverse Equities, Leveraged Equities | ARKQ vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.55 | — | — | 75 | Derivative Income | ARKQ vs WNTR | |
| ProShares Short Bitcoin ETF | -0.53 | -0.42 | — | 61 | Cryptocurrency | ARKQ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.53 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ARKQ vs SBIT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ARKQ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.31, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.31 | -0.12 | 0.01 | 90 | Consumer Defensive | |
| Altria Group, Inc. | -0.29 | -0.07 | 0.01 | 66 | Consumer Defensive | |
| Chubb Limited | -0.28 | -0.08 | 0.06 | 89 | Financial Services | |
| Duke Energy Corporation | -0.27 | -0.13 | -0.04 | 56 | Utilities | |
| Colgate-Palmolive Company | -0.24 | -0.10 | -0.03 | 59 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ARKQ
Add ARKQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ARKQ