Looking to diversify beyond IHAK? The ETFs below have the lowest correlation with IHAK — 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 IHAK.
Best Diversifiers for IHAK
656 ETFs have low correlation with IHAK (below 0.3), 49 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | — | — | 60 | Inverse Equities, Leveraged Equities | IHAK vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | — | — | 53 | Inverse Equities | IHAK vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 65 | Derivative Income | IHAK vs WNTR | |
| Breakwave Tanker Shipping ETF | -0.18 | -0.08 | — | 99 | Commodities | IHAK vs BWET | |
| ProShares UltraShort Yen | -0.12 | -0.03 | -0.04 | 75 | Leveraged Currency | IHAK vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IHAK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IHAK and solid risk/return profiles. The least correlated is CrowdStrike Holdings, Inc. (CRWD) (Technology) with a 1Y correlation of 0.69, roughly unchanged from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc. | 0.69 | 0.68 | 0.73 | 75 | Technology |
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