Looking to diversify beyond THTA? The ETFs below have the lowest correlation with THTA — 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 THTA.
Best Diversifiers for THTA
658 ETFs have low correlation with THTA (below 0.3), 47 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.09, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.09 | -0.02 | -0.02 | 55 | Oil & Gas | THTA vs UGA | |
| SGI Enhanced Core ETF | -0.09 | -0.03 | -0.03 | 95 | Intermediate Core Bond | THTA vs USDX | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.08 | — | — | 95 | Inflation-Protected Bonds | THTA vs IBID | |
| Angel Oak Ultrashort Income ETF | -0.07 | -0.03 | -0.03 | 99 | Ultrashort Bond | THTA vs UYLD | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | -0.07 | — | — | 99 | Government Bonds, Ultrashort Bond | THTA vs XONE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from THTA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THTA and solid risk/return profiles. The least correlated is AGNC Investment Corp. (AGNC) (Real Estate) with a 1Y correlation of 0.21, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | 0.21 | 0.24 | 0.24 | 77 | Real Estate |
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