Looking to diversify beyond YMAX? The ETFs below have the lowest correlation with YMAX — 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 YMAX.
Best Diversifiers for YMAX
310 ETFs have low correlation with YMAX (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.24 | — | — | 66 | Oil & Gas | YMAX vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | — | — | 56 | Derivative Income | YMAX vs USOY | |
| Invesco DB Energy Fund | -0.23 | -0.05 | -0.05 | 71 | Oil & Gas | YMAX vs DBE | |
| United States Brent Oil Fund LP | -0.21 | -0.03 | -0.03 | 65 | Oil & Gas | YMAX vs BNO | |
| United States Gasoline Fund LP | -0.19 | -0.03 | -0.03 | 69 | Oil & Gas | YMAX vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YMAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YMAX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.25 | — | — | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.22 | -0.16 | -0.16 | 53 | Utilities | |
| Chubb Limited | -0.22 | -0.09 | -0.09 | 51 | Financial Services | |
| The Coca-Cola Company | -0.22 | -0.15 | -0.15 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.17 | -0.14 | -0.14 | 92 | Healthcare |
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