Looking to diversify beyond THNQ? The ETFs below have the lowest correlation with THNQ — 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 THNQ.
Best Diversifiers for THNQ
342 ETFs have low correlation with THNQ (below 0.3), 55 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | -0.49 | -0.49 | 60 | Inverse Equities, Leveraged Equities | THNQ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.46 | -0.48 | -0.48 | 65 | Derivative Income | THNQ vs WNTR | |
| iShares Core High Dividend ETF | -0.19 | 0.08 | 0.25 | 72 | Dividend, Large Cap Value Equities | THNQ vs HDV | |
| Tortoise North American Pipeline Fund | -0.16 | 0.16 | 0.27 | 77 | Energy Equities | THNQ vs TPYP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | -0.04 | -0.04 | 98 | Inflation-Protected Bonds | THNQ vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from THNQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THNQ and solid risk/return profiles. The least correlated is Wheaton Precious Metals Corp. (WPM) (Basic Materials) with a 1Y correlation of 0.26, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Wheaton Precious Metals Corp. | 0.26 | 0.23 | 0.25 | 60 | Basic Materials | |
| NVIDIA Corporation | 0.52 | 0.59 | 0.69 | 69 | Technology |
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