Looking to diversify beyond MKOR? The ETFs below have the lowest correlation with MKOR — 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 MKOR.
Best Diversifiers for MKOR
290 ETFs have low correlation with MKOR (below 0.3), 35 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 -0.44, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | -0.37 | -0.37 | 62 | Inverse Equities, Leveraged Equities | MKOR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 63 | Derivative Income | MKOR vs WNTR | |
| ProShares UltraShort Yen | -0.28 | — | — | 73 | Leveraged Currency | MKOR vs YCS | |
| United States Gasoline Fund LP | -0.15 | — | — | 69 | Oil & Gas | MKOR vs UGA | |
| Texas Capital Government Money Market ETF | -0.11 | — | — | 100 | Money Market | MKOR vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MKOR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MKOR and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.06 | — | — | 75 | Energy | |
| BW LPG Limited | 0.12 | 0.14 | 0.14 | 84 | Industrials | |
| RTX Corporation | 0.15 | 0.12 | 0.12 | 77 | Industrials | |
| Hafnia Limited | 0.17 | 0.19 | 0.19 | 81 | Industrials | |
| International Seaways, Inc. | 0.20 | — | — | 97 | Energy |
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