Looking to diversify beyond BUFF? The ETFs below have the lowest correlation with BUFF — 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 BUFF.
Best Diversifiers for BUFF
369 ETFs have low correlation with BUFF (below 0.3), 72 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.44, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.44 | -0.43 | -0.43 | 60 | Inverse Equities | BUFF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | -0.43 | -0.43 | 68 | Inverse Equities, Leveraged Equities | BUFF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | -0.45 | -0.45 | 70 | Derivative Income | BUFF vs WNTR | |
| ProShares Short Bitcoin ETF | -0.42 | -0.35 | -0.38 | 57 | Cryptocurrency | BUFF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BUFF vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BUFF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BUFF and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.21, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.21 | 0.02 | 0.15 | 57 | Communication Services | |
| Exxon Mobil Corporation | -0.19 | 0.04 | 0.20 | 75 | Energy | |
| Marvell Technology, Inc. | 0.52 | 0.55 | 0.63 | 94 | Technology | |
| Robinhood Markets, Inc. | 0.56 | 0.52 | — | 52 | Financial Services |
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