Looking to diversify beyond HODL? The ETFs below have the lowest correlation with HODL — 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 HODL.
Best Diversifiers for HODL
645 ETFs have low correlation with HODL (below 0.3), 46 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -1.00 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | HODL vs SBIT | |
| ProShares Short Bitcoin ETF | -1.00 | — | — | 57 | Cryptocurrency | HODL vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.84 | — | — | 68 | Inverse Equities, Leveraged Equities | HODL vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.84 | -0.78 | -0.78 | 60 | Inverse Equities | HODL vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.80 | — | — | 70 | Derivative Income | HODL vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HODL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HODL and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.17, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.17 | -0.06 | -0.06 | 53 | Industrials | |
| Berkshire Hathaway Inc. | -0.17 | 0.02 | 0.02 | 53 | Financial Services | |
| Altria Group, Inc. | -0.16 | -0.04 | -0.04 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.13 | -0.07 | -0.07 | 66 | Utilities | |
| Verizon Communications Inc. | -0.12 | -0.08 | -0.08 | 57 | Communication Services |
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