Looking to diversify beyond GARP? The ETFs below have the lowest correlation with GARP — 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 GARP.
Best Diversifiers for GARP
433 ETFs have low correlation with GARP (below 0.3), 79 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 -0.43, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.45 | -0.45 | 68 | Inverse Equities, Leveraged Equities | GARP vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.43 | -0.36 | -0.39 | 57 | Cryptocurrency | GARP vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.46 | -0.46 | 60 | Inverse Equities | GARP vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GARP vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | -0.43 | -0.43 | 70 | Derivative Income | GARP vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GARP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GARP and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.38, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.38 | -0.16 | -0.00 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.34 | -0.19 | -0.02 | 66 | Utilities | |
| Waste Management, Inc. | -0.33 | -0.02 | 0.17 | 53 | Industrials | |
| The Coca-Cola Company | -0.31 | -0.11 | 0.10 | 83 | Consumer Defensive | |
| Verizon Communications Inc. | -0.28 | -0.12 | 0.02 | 57 | Communication Services |
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