Looking to diversify beyond THRO? The ETFs below have historically moved differently from THRO, 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 THRO
324 ETFs have low correlation with THRO (below 0.3), 74 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 63 | Derivative Income | THRO vs WNTR | |
| Invesco DB Energy Fund | -0.26 | -0.08 | 0.06 | 53 | Oil & Gas | THRO vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | THRO vs IBIC | |
| United States Gasoline Fund, LP | -0.21 | -0.05 | — | 74 | Oil & Gas | THRO vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.21 | — | 97 | Inflation-Protected Bonds | THRO vs RBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for THRO, 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 Super Group (SGHC) Limited (SGHC) (Consumer Cyclical) with a 1Y correlation of 0.20, down from 0.34 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Super Group (SGHC) Limited | 0.20 | 0.34 | — | 65 | Consumer Cyclical | |
| NVIDIA Corporation | 0.59 | 0.62 | 0.67 | 59 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.66 | 0.65 | 0.66 | 88 | Technology |
Build a portfolio that complements THRO
Add THRO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with THRO