Looking to diversify beyond BUYZ? The ETFs below have the lowest correlation with BUYZ — 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 BUYZ.
Best Diversifiers for BUYZ
510 ETFs have low correlation with BUYZ (below 0.3), 72 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 60 | Inverse Equities, Leveraged Equities | BUYZ vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 53 | Inverse Equities | BUYZ vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 65 | Derivative Income | BUYZ vs WNTR | |
| Direxion Daily MU Bull 2X Shares | -0.42 | -0.42 | -0.42 | 99 | Leveraged Equities, Semiconductors | BUYZ vs MUU | |
| Direxion Daily NFLX Bear 1X Shares | -0.34 | — | — | 60 | Inverse Equities | BUYZ vs NFXS |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BUYZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BUYZ and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of 0.41, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 0.41 | 0.49 | 0.53 | 93 | Technology |
Build a portfolio that complements BUYZ
Add BUYZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BUYZ