Looking to diversify beyond THTA? The ETFs below have historically moved differently from THTA, 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 THTA
686 ETFs have low correlation with THTA (below 0.3), 79 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.30 | — | — | 56 | Options Trading | THTA vs CAOS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.23 | — | — | 61 | Inverse Equities, Leveraged Equities | THTA vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.22 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | THTA vs SBIT | |
| ProShares Short Bitcoin ETF | -0.22 | — | — | 61 | Cryptocurrency | THTA vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.21 | — | — | 75 | Derivative Income | THTA 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 THTA, 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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.05, down from 0.16 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.05 | 0.16 | 0.16 | 61 | Financial Services | |
| AGNC Investment Corp. | 0.16 | 0.22 | 0.22 | 79 | Real Estate |
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