Looking to diversify beyond TARK? The ETFs below have historically moved differently from TARK, 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 TARK
266 ETFs have low correlation with TARK (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.64, down from -0.52 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.64 | -0.52 | — | 61 | Cryptocurrency | TARK vs BITI | |
| Alpha Architect Tail Risk ETF | -0.30 | -0.10 | — | 56 | Options Trading | TARK vs CAOS | |
| Invesco DB Energy Fund | -0.24 | -0.07 | — | 72 | Oil & Gas | TARK vs DBE | |
| United States Brent Oil Fund LP | -0.21 | -0.06 | — | 52 | Oil & Gas | TARK vs BNO | |
| Invesco DB Oil Fund | -0.18 | -0.03 | — | 58 | Oil & Gas | TARK vs DBO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TARK, 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 Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.22, down from -0.02 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.22 | -0.02 | — | 84 | Energy | |
| Zijin Mining Group Co Ltd ADR | 0.31 | 0.14 | 0.09 | 76 | Basic Materials |
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