Looking to diversify beyond ARP? The ETFs below have the lowest correlation with ARP — 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 ARP.
Best Diversifiers for ARP
321 ETFs have low correlation with ARP (below 0.3), 30 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.16 | — | 61 | Leveraged Currency | ARP vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.14 | -0.02 | -0.02 | 98 | Ultrashort Bond | ARP vs BAMU | |
| iShares 0-3 Month Treasury Bond ETF | -0.10 | -0.03 | — | 100 | Ultrashort Bond | ARP vs SGOV | |
| TCW AAA CLO ETF | -0.10 | -0.05 | -0.05 | 99 | CLO | ARP vs ACLO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | — | — | 97 | Inflation-Protected Bonds | ARP vs RBIL |
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