Looking to diversify beyond MOO? The ETFs below have historically moved differently from MOO, 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 MOO
775 ETFs have low correlation with MOO (below 0.3), 22 of which are negatively correlated. The least correlated is Alpha Architect Tail Risk ETF (CAOS) (Options Trading) with a 1Y correlation of -0.21, down from -0.04 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.21 | -0.04 | — | 56 | Options Trading | MOO vs CAOS | |
| ProShares Short Bitcoin ETF | -0.17 | -0.20 | — | 61 | Cryptocurrency | MOO vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.16 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | MOO vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.15 | — | — | 61 | Inverse Equities, Leveraged Equities | MOO vs MSTZ | |
| ProShares UltraShort Yen | -0.14 | -0.17 | -0.13 | 56 | Leveraged Currency | MOO vs YCS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MOO, 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 Deere & Company (DE) (Industrials) with a 1Y correlation of 0.55, down from 0.68 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Deere & Company | 0.55 | 0.65 | 0.68 | 59 | Industrials |
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