Looking to diversify beyond OARK? The ETFs below have historically moved differently from OARK, 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 OARK
408 ETFs have low correlation with OARK (below 0.3), 92 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 | -0.67 | — | — | 61 | Inverse Equities, Leveraged Equities | OARK vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.64 | — | — | 75 | Derivative Income | OARK vs WNTR | |
| ProShares Short Bitcoin ETF | -0.64 | -0.51 | — | 61 | Cryptocurrency | OARK vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.64 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | OARK vs SBIT | |
| Alpha Architect Tail Risk ETF | -0.30 | -0.10 | — | 56 | Options Trading | OARK vs CAOS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OARK, 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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.10, down from 0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.10 | 0.16 | 0.20 | 61 | Financial Services | |
| Nuveen AMT-Free Quality Municipal Income Fund | 0.26 | 0.23 | — | 78 | Financial Services |
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