Looking to diversify beyond BUZZ? The ETFs below have the lowest correlation with BUZZ — 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 BUZZ.
Best Diversifiers for BUZZ
477 ETFs have low correlation with BUZZ (below 0.3), 70 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.65, roughly unchanged from -0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.65 | -0.63 | -0.63 | 56 | Inverse Equities | BUZZ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.65 | -0.62 | -0.62 | 65 | Inverse Equities, Leveraged Equities | BUZZ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.63 | -0.61 | -0.61 | 70 | Derivative Income | BUZZ vs WNTR | |
| ProShares Short Bitcoin ETF | -0.62 | -0.52 | -0.52 | 53 | Cryptocurrency | BUZZ vs BITI | |
| Return Stacked Bonds & Futures Yield ETF | -0.21 | — | — | 54 | Multistrategy | BUZZ vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from BUZZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to BUZZ and solid risk/return profiles. The least correlated is The Allstate Corporation (ALL) (Financial Services) with a 1Y correlation of -0.28, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Allstate Corporation | -0.28 | -0.05 | 0.11 | 81 | Financial Services | |
| Johnson & Johnson | -0.24 | -0.12 | -0.01 | 97 | Healthcare | |
| AbbVie Inc. | -0.12 | 0.02 | 0.05 | 78 | Healthcare | |
| TC Energy Corporation | -0.09 | 0.15 | 0.24 | 95 | Energy | |
| British American Tobacco p.l.c. | -0.06 | 0.08 | 0.12 | 70 | Consumer Defensive |
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