Looking to balance out your exposure to AB? The ETFs below have the lowest correlation with AB — they tend to move on their own, which can help reduce risk when AB drops. The stock ideas table highlights individual companies that behave independently from AB.
Best Diversifiers for AB
13 ETFs have low correlation with AB (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P Biotech ETF (XBI) (Health & Biotech Equities) with a 1Y correlation of 0.10, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Biotech ETF | 0.10 | 0.27 | 0.34 | 93 | Health & Biotech Equities | AB vs XBI | |
| iShares iBonds 2026 Term High Yield and Income ETF | 0.13 | 0.25 | 0.39 | 82 | Corporate Bonds | AB vs IBHF | |
| Global X NASDAQ 100 Covered Call ETF | 0.22 | 0.28 | 0.42 | 85 | Nasdaq-100, Derivative Income | AB vs QYLD | |
| Invesco QQQ ETF | 0.22 | 0.30 | 0.45 | 53 | Nasdaq-100 | AB vs QQQ | |
| Invesco NASDAQ 100 ETF | 0.22 | 0.30 | 0.45 | 54 | Nasdaq-100 | AB vs QQQM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AB and solid risk/return profiles. The least correlated is FLEX LNG Ltd (FLNG) (Energy) with a 1Y correlation of 0.02, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| FLEX LNG Ltd | 0.02 | 0.08 | 0.21 | 92 | Energy | |
| Corning Incorporated | 0.03 | 0.21 | 0.36 | 95 | Technology | |
| Chevron Corporation | 0.03 | 0.16 | 0.26 | 74 | Energy | |
| AbbVie Inc. | 0.03 | 0.15 | 0.16 | 81 | Healthcare | |
| NVIDIA Corporation | 0.04 | 0.21 | 0.34 | 63 | Technology |
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Build a portfolio that complements AB
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