Looking to diversify beyond SARK? The ETFs below have the lowest correlation with SARK — 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 SARK.
Best Diversifiers for SARK
1146 ETFs have low correlation with SARK (below 0.3), 1112 of which are negatively correlated. The least correlated is SPDR S&P Kensho New Economies Composite ETF (KOMP) (Mid Cap Growth Equities) with a 1Y correlation of -0.83, roughly unchanged from -0.87 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Kensho New Economies Composite ETF | -0.83 | -0.85 | -0.87 | 57 | Mid Cap Growth Equities, Technology Equities | SARK vs KOMP | |
| ARK Autonomous Technology & Robotics ETF | -0.82 | -0.84 | -0.88 | 62 | Technology Equities, Robotics | SARK vs ARKQ | |
| First Trust Multi Cap Growth AlphaDEX Fund | -0.79 | -0.79 | — | 59 | Mid Cap Growth Equities | SARK vs FAD | |
| iShares Morningstar Small-Cap Growth ETF | -0.78 | -0.80 | — | 50 | Small Cap Growth Equities | SARK vs ISCG | |
| First Trust Small Cap Growth AlphaDEX Fund | -0.78 | -0.79 | -0.80 | 79 | Small Cap Growth Equities | SARK vs FYC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SARK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SARK and solid risk/return profiles. The least correlated is Cipher Mining Inc. (CIFR) (Financial Services) with a 1Y correlation of -0.54, roughly unchanged from -0.57 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cipher Mining Inc. | -0.54 | -0.57 | — | 96 | Financial Services | |
| Advanced Micro Devices, Inc. | -0.50 | -0.50 | — | 98 | Technology | |
| SoftBank Group Corp. | -0.50 | -0.52 | — | 93 | Communication Services | |
| Oracle Corporation | -0.49 | -0.47 | — | 58 | Technology | |
| Sterling Construction Company, Inc. | -0.49 | -0.47 | -0.45 | 97 | Industrials |
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