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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

9 ETFs have low correlation with AB (below 0.3), 0 of which are negatively correlated. The least correlated is Spear Alpha ETF (SPRX) (Technology Equities) with a 1Y correlation of 0.16, roughly unchanged from 0.26 over 3 years.


See all 17 diversifiers for AB

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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 -0.03, down from 0.21 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
FLEX LNG Ltd-0.030.080.21
81
Energy
Chevron Corporation0.020.170.26
83
Energy
Western Midstream Partners, LP0.050.190.27
76
Energy
AbbVie Inc.0.050.130.16
62
Healthcare
Oracle Corporation0.060.240.32
58
Technology
See all 38 low-correlation stocks for AB

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Diversification Analysis

Build a portfolio that complements AB

Add AB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with AB