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15 Stocks and 85 ETFs for diversifying ARKK (ARK INNOVATION ETF)

The least correlated asset to ARKK (ARK INNOVATION ETF) is ETF SARK (TRADR 1X SHORT INNOVATION DAILY ETF). The correlation is -0.9337.

Stocks that lowly correlated with ARKK

SymbolName
Market cap
SectorIndustry
Correlation
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.57
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.54
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.54
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.54
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.52
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.50
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.50
LIONULionheart III Corp - Units (1 Ord Share Class A & 1/2 War)$113MN/AN/A-0.47
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.46
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.46
WGRXWellgistics Health Inc$6.79MHealthcarePharmaceutical Retailers-0.45
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.45
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.44
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.43
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.42

ETFs that lowly correlated with ARKK

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.93
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.86
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.85
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.83
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.80
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.79
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.78
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.77
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.76
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.72
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.71
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.70
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.70
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.70
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.69
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.69
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.68
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.67
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.67
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.66
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.66
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.65
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.65
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.65
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.64
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.64
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.64
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.63
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.63
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.62
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.62
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.62
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.61
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.61
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.60
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.60
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.59
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.59
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.58
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.58
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.58
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.58
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.57
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.56
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.56
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.56
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.56
BITIProShares Short Bitcoin ETF$144M1.01%Jun 21, 2022-0.55
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.55
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.55
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.55
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.53
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.52
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.52
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.52
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.50
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.49
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.49
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.49
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.48
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.48
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.46
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.46
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.46
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.44
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5.40M1.03%Oct 2, 2024-0.44
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.43
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.43
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.42
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.42