Looking to diversify beyond HODL? The ETFs below have historically moved differently from HODL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for HODL
742 ETFs have low correlation with HODL (below 0.3), 59 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -1.00 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | HODL vs SBIT | |
| ProShares Short Bitcoin ETF | -1.00 | — | — | 61 | Cryptocurrency | HODL vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.85 | — | — | 61 | Inverse Equities, Leveraged Equities | HODL vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.85 | — | — | 52 | Inverse Equities | HODL vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.80 | — | — | 75 | Derivative Income | HODL vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for HODL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.17 | — | — | 61 | Financial Services | |
| Altria Group, Inc. | -0.17 | -0.05 | -0.05 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.16 | -0.07 | -0.07 | 97 | Healthcare | |
| Duke Energy Corporation | -0.15 | -0.09 | -0.09 | 56 | Utilities | |
| Chubb Limited | -0.14 | -0.04 | -0.04 | 89 | Financial Services |
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