Looking to diversify beyond NUKZ? The ETFs below have historically moved differently from NUKZ, 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 NUKZ
446 ETFs have low correlation with NUKZ (below 0.3), 110 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 61 | Inverse Equities, Leveraged Equities | NUKZ vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.48 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | NUKZ vs SBIT | |
| ProShares Short Bitcoin ETF | -0.48 | — | — | 61 | Cryptocurrency | NUKZ vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.46 | — | — | 75 | Derivative Income | NUKZ vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.28 | — | — | 98 | Inflation-Protected Bonds | NUKZ vs RBIL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for NUKZ, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.30, down from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.30 | -0.15 | -0.15 | 90 | Consumer Defensive | |
| Altria Group, Inc. | -0.29 | -0.15 | -0.15 | 66 | Consumer Defensive | |
| Chubb Limited | -0.25 | -0.05 | -0.05 | 89 | Financial Services | |
| Colgate-Palmolive Company | -0.22 | -0.10 | -0.10 | 59 | Consumer Defensive | |
| PepsiCo, Inc. | -0.22 | -0.15 | -0.15 | 50 | Consumer Defensive |
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