Looking to diversify beyond YGLD? The ETFs below have the lowest correlation with YGLD — 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 YGLD.
Best Diversifiers for YGLD
502 ETFs have low correlation with YGLD (below 0.3), 29 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.44 | — | — | 51 | Currency | YGLD vs UUP | |
| ProShares Short Bitcoin ETF | -0.31 | -0.26 | -0.26 | 57 | Cryptocurrency | YGLD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.30 | -0.25 | -0.25 | 52 | Cryptocurrency, Leveraged Cryptocurrency | YGLD vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 68 | Inverse Equities, Leveraged Equities | YGLD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | -0.22 | -0.22 | 70 | Derivative Income | YGLD vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YGLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YGLD and solid risk/return profiles. The least correlated is Reaves Utility Income Trust (UTG) (Financial Services) with a 1Y correlation of 0.29, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Reaves Utility Income Trust | 0.29 | 0.25 | 0.25 | 74 | Financial Services |
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