Looking to diversify beyond BUG? The ETFs below have historically moved differently from BUG, 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 BUG
1088 ETFs have low correlation with BUG (below 0.3), 82 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.31 | — | — | 69 | Derivative Income | BUG vs WNTR | |
| ProShares Short Bitcoin ETF | -0.30 | -0.24 | — | 51 | Cryptocurrency | BUG vs BITI | |
| 6 Meridian Hedged Equity-Index Option Strategy ETF | -0.17 | 0.08 | 0.17 | 80 | Equity Hedged, Options Trading | BUG vs SIXH | |
| Breakwave Tanker Shipping ETF | -0.15 | -0.07 | -0.06 | 99 | Commodities | BUG vs BWET | |
| YieldMax XOM Option Income Strategy ETF | -0.15 | -0.01 | -0.01 | 52 | Derivative Income, Dividend | BUG vs XOMO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for BUG, 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 0.05 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 | -0.07 | 0.05 | 87 | Consumer Defensive | |
| Duke Energy Corporation | -0.27 | -0.11 | -0.02 | 52 | Utilities | |
| Altria Group, Inc. | -0.24 | -0.07 | -0.01 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.24 | -0.10 | -0.01 | 96 | Healthcare | |
| Colgate-Palmolive Company | -0.20 | -0.03 | 0.02 | 57 | Consumer Defensive |
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