Looking to diversify beyond AAVM? The ETFs below have the lowest correlation with AAVM — 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 AAVM.
Best Diversifiers for AAVM
316 ETFs have low correlation with AAVM (below 0.3), 41 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.49, down from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.49 | -0.37 | -0.32 | 51 | Currency | AAVM vs UUP | |
| ProShares Short Bitcoin ETF | -0.45 | -0.33 | -0.27 | 57 | Cryptocurrency | AAVM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.39 | -0.39 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AAVM vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | -0.39 | -0.39 | 68 | Inverse Equities, Leveraged Equities | AAVM vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | -0.40 | -0.40 | 60 | Inverse Equities | AAVM vs SMST |
See all 2048 diversifiers for AAVM
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