Looking to diversify beyond YMAG? The ETFs below have the lowest correlation with YMAG — 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 YMAG.
Best Diversifiers for YMAG
431 ETFs have low correlation with YMAG (below 0.3), 88 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 65 | Inverse Equities, Leveraged Equities | YMAG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | — | — | 70 | Derivative Income | YMAG vs WNTR | |
| ProShares Short Bitcoin ETF | -0.42 | — | — | 53 | Cryptocurrency | YMAG vs BITI | |
| Tortoise North American Pipeline Fund | -0.25 | — | — | 78 | Energy Equities | YMAG vs TPYP | |
| VanEck Energy Income ETF | -0.24 | — | — | 80 | Energy Equities | YMAG vs EINC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YMAG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YMAG and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.33, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.33 | -0.27 | -0.27 | 65 | Utilities | |
| Altria Group, Inc. | -0.30 | — | — | 78 | Consumer Defensive | |
| Chevron Corporation | -0.29 | -0.08 | -0.08 | 73 | Energy | |
| The Coca-Cola Company | -0.29 | -0.19 | -0.19 | 82 | Consumer Defensive | |
| Occidental Petroleum Corporation | -0.28 | -0.04 | -0.04 | 64 | Energy |
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