Looking to diversify beyond THRO? The ETFs below have the lowest correlation with THRO — 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 THRO.
Best Diversifiers for THRO
321 ETFs have low correlation with THRO (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 61 | Inverse Equities, Leveraged Equities | THRO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | — | — | 69 | Derivative Income | THRO vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.34 | -0.06 | — | 53 | Options Trading | THRO vs CAOS | |
| Invesco DB Energy Fund | -0.26 | -0.07 | 0.07 | 58 | Oil & Gas | THRO vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | THRO vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from THRO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THRO and solid risk/return profiles. The least correlated is Super Group (SGHC) Limited (SGHC) (Consumer Cyclical) with a 1Y correlation of 0.22, down from 0.35 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Super Group (SGHC) Limited | 0.22 | 0.35 | — | 66 | Consumer Cyclical | |
| Catalyst Pharmaceuticals, Inc. | 0.25 | 0.33 | 0.38 | 87 | Healthcare | |
| Alamos Gold Inc. | 0.30 | 0.24 | 0.24 | 51 | Basic Materials | |
| NVIDIA Corporation | 0.57 | 0.62 | 0.67 | 66 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.64 | 0.64 | 0.66 | 90 | Technology |
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