Looking to diversify beyond YYY? The ETFs below have the lowest correlation with YYY — 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 YYY.
Best Diversifiers for YYY
232 ETFs have low correlation with YYY (below 0.3), 43 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 -0.38, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.36 | -0.36 | 60 | Inverse Equities, Leveraged Equities | YYY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 65 | Derivative Income | YYY vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | YYY vs RBIL | |
| United States Gasoline Fund LP | -0.22 | -0.06 | 0.06 | 72 | Oil & Gas | YYY vs UGA | |
| ProShares UltraShort Yen | -0.19 | -0.14 | -0.14 | 75 | Leveraged Currency | YYY vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YYY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YYY and solid risk/return profiles. The least correlated is Star Bulk Carriers Corp. (SBLK) (Industrials) with a 1Y correlation of 0.20, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Star Bulk Carriers Corp. | 0.20 | 0.22 | 0.24 | 86 | Industrials | |
| Easterly Government Properties, Inc. | 0.21 | 0.36 | 0.34 | 69 | Real Estate | |
| NVIDIA Corporation | 0.40 | 0.38 | 0.45 | 69 | Technology | |
| BlackRock Capital Allocation Term Trust | 0.64 | 0.59 | 0.62 | 94 | Financial Services |
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