Looking to diversify beyond ABEQ? The ETFs below have historically moved differently from ABEQ, 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 ABEQ
854 ETFs have low correlation with ABEQ (below 0.3), 28 of which are negatively correlated. The least correlated is FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) (Nontraditional Bonds) with a 1Y correlation of -0.20, down from -0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FolioBeyond Alternative Income and Interest Rate H... | -0.20 | -0.13 | -0.06 | 51 | Nontraditional Bonds | ABEQ vs RISR | |
| ProShares UltraShort Yen | -0.19 | -0.16 | -0.14 | 59 | Leveraged Currency | ABEQ vs YCS | |
| Invesco DB Energy Fund | -0.16 | -0.02 | 0.16 | 66 | Oil & Gas | ABEQ vs DBE | |
| United States Gasoline Fund, LP | -0.15 | -0.01 | 0.15 | 83 | Oil & Gas | ABEQ vs UGA | |
| ProShares Short Bitcoin ETF | -0.15 | -0.17 | — | 51 | Cryptocurrency | ABEQ vs BITI |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ABEQ, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.03, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.03 | 0.04 | 0.21 | 61 | Technology |
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