Looking to diversify beyond TOPT? The ETFs below have the lowest correlation with TOPT — 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 TOPT.
Best Diversifiers for TOPT
308 ETFs have low correlation with TOPT (below 0.3), 41 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 51 | Derivative Income | TOPT vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | TOPT vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.19 | — | — | 99 | Ultrashort Bond | TOPT vs BAMU | |
| United States Gasoline Fund LP | -0.18 | — | — | 60 | Oil & Gas | TOPT vs UGA | |
| VanEck Energy Income ETF | -0.14 | — | — | 62 | Energy Equities | TOPT vs EINC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TOPT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TOPT and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.26 | — | — | 70 | Energy | |
| Duke Energy Corporation | -0.25 | -0.22 | -0.22 | 64 | Utilities | |
| Exxon Mobil Corporation | -0.23 | -0.07 | -0.07 | 74 | Energy | |
| Chubb Limited | -0.22 | -0.13 | -0.13 | 72 | Financial Services | |
| ConocoPhillips Company | -0.21 | -0.05 | -0.05 | 65 | Energy |
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