Looking to diversify beyond MKOR? The ETFs below have historically moved differently from MKOR, 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 MKOR
388 ETFs have low correlation with MKOR (below 0.3), 58 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 58 | Derivative Income | MKOR vs WNTR | |
| ProShares UltraShort Yen | -0.21 | -0.18 | — | 56 | Leveraged Currency | MKOR vs YCS | |
| Invesco DB Energy Fund | -0.18 | -0.04 | -0.04 | 54 | Oil & Gas | MKOR vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | MKOR vs IBIC | |
| United States Gasoline Fund, LP | -0.15 | -0.03 | -0.03 | 72 | Oil & Gas | MKOR vs UGA |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MKOR, 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 Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.08, roughly unchanged from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.08 | 0.02 | 0.02 | 84 | Energy | |
| BW LPG Limited | 0.11 | 0.14 | 0.13 | 82 | Industrials | |
| RTX Corporation | 0.13 | 0.11 | 0.11 | 84 | Industrials | |
| Hafnia Limited | 0.21 | 0.19 | 0.19 | 70 | Industrials | |
| International Seaways, Inc. | 0.22 | 0.14 | 0.14 | 97 | Industrials |
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