Looking to diversify beyond EGGY? The ETFs below have the lowest correlation with EGGY — 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 EGGY.
Best Diversifiers for EGGY
534 ETFs have low correlation with EGGY (below 0.3), 107 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.39, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | -0.43 | -0.43 | 60 | Inverse Equities, Leveraged Equities | EGGY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 53 | Inverse Equities | EGGY vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 65 | Derivative Income | EGGY vs WNTR | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.23 | — | — | 52 | Derivative Income | EGGY vs DOGG | |
| iShares Core High Dividend ETF | -0.20 | — | — | 72 | Dividend, Large Cap Value Equities | EGGY vs HDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EGGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EGGY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | 0.14 | — | — | 83 | Real Estate | |
| Tesla, Inc. | 0.50 | — | — | 66 | Consumer Cyclical |
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