Looking to diversify beyond CARK? The ETFs below have the lowest correlation with CARK — 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 CARK.
Best Diversifiers for CARK
478 ETFs have low correlation with CARK (below 0.3), 115 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 -0.45 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 | -0.45 | -0.45 | 60 | Inverse Equities | CARK vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | -0.44 | -0.44 | 68 | Inverse Equities, Leveraged Equities | CARK vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | -0.35 | 57 | Cryptocurrency | CARK vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | CARK vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | CARK vs WNTR |
See all 2046 diversifiers for CARK
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