Looking to diversify beyond MAXI? The ETFs below have historically moved differently from MAXI, 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 MAXI
476 ETFs have low correlation with MAXI (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.97, roughly unchanged from -0.96 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.97 | -0.96 | — | 61 | Cryptocurrency | MAXI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.96 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | MAXI vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.82 | — | — | 61 | Inverse Equities, Leveraged Equities | MAXI vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.78 | — | — | 75 | Derivative Income | MAXI vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.24 | -0.13 | — | 56 | Options Trading | MAXI vs CAOS |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MAXI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.16, down from -0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.16 | -0.09 | -0.05 | 66 | Communication Services | |
| Berkshire Hathaway Inc. | -0.13 | 0.08 | 0.10 | 61 | Financial Services | |
| Sabra Health Care REIT, Inc. | -0.06 | 0.03 | 0.07 | 75 | Real Estate | |
| MPLX LP | -0.04 | 0.13 | — | 79 | Energy | |
| Realty Income Corporation | 0.02 | 0.04 | 0.07 | 77 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MAXI
Add MAXI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MAXI