Looking to balance out your exposure to ABAT? The ETFs below have historically moved differently from ABAT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ABAT
0 ETFs have low correlation with ABAT (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 0.32 | — | — | 87 | Financials Equities | ABAT vs GSIB | |
| State Street SPDR S&P 500 ETF | 0.42 | — | — | 59 | S&P 500 | ABAT vs SPY | |
| Vanguard S&P 500 ETF | 0.42 | — | — | 59 | S&P 500 | ABAT vs VOO | |
| BNY Mellon US Large Cap Core Equity ETF | 0.42 | — | — | 56 | Large Cap Blend Equities | ABAT vs BKLC |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ABAT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Structure Therapeutics Inc. American Depositary Sh... | 0.17 | — | — | 88 | Healthcare | |
| Newmont Corporation | 0.36 | — | — | 72 | Basic Materials | |
| Lynas Rare Earths Ltd ADR | 0.42 | 0.28 | 0.28 | 67 | Basic Materials | |
| Hycroft Mining Holding Corporation | 0.46 | 0.24 | 0.24 | 96 | Basic Materials | |
| Intuitive Machines, Inc. | 0.50 | 0.28 | 0.28 | 52 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ABAT
Add ABAT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ABAT