Looking to balance out your exposure to ARKR? The ETFs below have the lowest correlation with ARKR — they tend to move on their own, which can help reduce risk when ARKR drops. The stock ideas table highlights individual companies that behave independently from ARKR.
Best Diversifiers for ARKR
3 ETFs have low correlation with ARKR (below 0.3), 3 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of -0.10, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | -0.10 | 0.07 | 0.14 | 70 | S&P 500 | ARKR vs SPY | |
| Vanguard S&P 500 ETF | -0.10 | 0.07 | 0.14 | 70 | S&P 500 | ARKR vs VOO | |
| ARK Space Exploration & Innovation ETF | -0.10 | 0.02 | 0.12 | 58 | Aerospace & Defense | ARKR vs ARKX |
Diversification Analysis
Build a portfolio that complements ARKR
Add ARKR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ARKR