Looking to diversify beyond ARTY? The ETFs below have the lowest correlation with ARTY — 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 ARTY.
Best Diversifiers for ARTY
502 ETFs have low correlation with ARTY (below 0.3), 83 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.38 | -0.42 | 57 | Cryptocurrency | ARTY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ARTY vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | -0.45 | -0.45 | 60 | Inverse Equities | ARTY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 68 | Inverse Equities, Leveraged Equities | ARTY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | ARTY vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARTY and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.39, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.39 | -0.10 | 0.05 | 53 | Industrials | |
| Altria Group, Inc. | -0.37 | -0.16 | -0.04 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.32 | -0.17 | -0.08 | 66 | Utilities | |
| The Coca-Cola Company | -0.32 | -0.14 | 0.01 | 83 | Consumer Defensive | |
| Verizon Communications Inc. | -0.29 | -0.14 | -0.03 | 57 | Communication Services |
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