Looking to diversify beyond HIGH? The ETFs below have the lowest correlation with HIGH — 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 HIGH.
Best Diversifiers for HIGH
475 ETFs have low correlation with HIGH (below 0.3), 63 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 -0.27, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | -0.37 | -0.37 | 60 | Inverse Equities, Leveraged Equities | HIGH vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.27 | -0.37 | -0.37 | 53 | Inverse Equities | HIGH vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | -0.30 | -0.30 | 65 | Derivative Income | HIGH vs WNTR | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.04 | — | 100 | Ultrashort Bond | HIGH vs SGOV | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 99 | Ultrashort Bond | HIGH vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HIGH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HIGH and solid risk/return profiles. The least correlated is Agree Realty Corporation (ADC) (Real Estate) with a 1Y correlation of -0.17, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Agree Realty Corporation | -0.17 | -0.05 | -0.03 | 70 | Real Estate | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | 0.04 | 0.04 | 0.03 | 86 | Financial Services | |
| Oxford Lane Capital Corp. | 0.07 | 0.03 | 0.02 | 96 | Financial Services |
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