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
329 ETFs have low correlation with YMAX (below 0.3), 67 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 | -0.66 | — | — | 68 | Inverse Equities, Leveraged Equities | YMAX vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.64 | — | — | 70 | Derivative Income | YMAX vs WNTR | |
| ProShares Short Bitcoin ETF | -0.62 | -0.59 | -0.59 | 57 | Cryptocurrency | YMAX vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.62 | -0.60 | -0.60 | 52 | Cryptocurrency, Leveraged Cryptocurrency | YMAX vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.28 | -0.18 | -0.18 | 51 | Currency | YMAX vs UUP |
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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. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.33, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.33 | -0.19 | -0.19 | 81 | Consumer Defensive | |
| Waste Management, Inc. | -0.33 | -0.12 | -0.12 | 53 | Industrials | |
| Duke Energy Corporation | -0.31 | -0.22 | -0.22 | 66 | Utilities | |
| Chubb Limited | -0.30 | -0.13 | -0.13 | 86 | Financial Services | |
| The Coca-Cola Company | -0.29 | -0.18 | -0.18 | 83 | Consumer Defensive |
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