Looking to diversify beyond SWAN? The ETFs below have historically moved differently from SWAN, 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 SWAN
227 ETFs have low correlation with SWAN (below 0.3), 93 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 | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | SWAN vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.42 | -0.29 | — | 61 | Cryptocurrency | SWAN vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | SWAN vs SBIT | |
| Invesco DB Energy Fund | -0.40 | -0.17 | -0.06 | 72 | Oil & Gas | SWAN vs DBE | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.40 | — | — | 75 | Derivative Income | SWAN vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SWAN, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.23, down from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.23 | 0.03 | 0.09 | 66 | Consumer Defensive | |
| Realty Income Corporation | 0.03 | 0.21 | 0.31 | 77 | Real Estate | |
| Berkshire Hathaway Inc. | 0.09 | 0.27 | 0.33 | 61 | Financial Services | |
| InterContinental Hotels Group PLC | 0.37 | 0.40 | 0.42 | 87 | Consumer Cyclical | |
| Reaves Utility Income Trust | 0.41 | 0.41 | 0.46 | 55 | Financial Services |
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