Looking to diversify beyond TOPW? The ETFs below have the lowest correlation with TOPW — 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 TOPW.
Best Diversifiers for TOPW
322 ETFs have low correlation with TOPW (below 0.3), 16 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.63, roughly unchanged from -0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.63 | -0.63 | -0.63 | 60 | Inverse Equities, Leveraged Equities | TOPW vs MSTZ | |
| Tortoise North American Pipeline Fund | -0.20 | -0.20 | -0.20 | 77 | Energy Equities | TOPW vs TPYP | |
| Brookstone Ultra-Short Bond ETF | -0.18 | -0.18 | -0.18 | 99 | Ultrashort Bond | TOPW vs BAMU | |
| Alerian Energy Infrastructure ETF | -0.17 | -0.17 | -0.17 | 73 | Energy Equities | TOPW vs ENFR | |
| Direxion Daily MU Bull 2X Shares | -0.17 | -0.17 | -0.17 | 99 | Leveraged Equities, Semiconductors | TOPW vs MUU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TOPW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TOPW and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.04, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 0.04 | 0.04 | 0.04 | 80 | Healthcare | |
| Meta Financial Group, Inc. | 0.19 | 0.19 | 0.19 | 52 | Financial Services | |
| Apple Inc | 0.34 | 0.34 | 0.34 | 90 | Technology | |
| Nebius Group N.V. | 0.46 | 0.46 | 0.46 | 96 | Communication Services | |
| Alphabet Inc. Class A | 0.50 | 0.50 | 0.50 | 96 | Communication Services |
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