Looking to diversify beyond ABLG? The ETFs below have the lowest correlation with ABLG — 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 ABLG.
Best Diversifiers for ABLG
334 ETFs have low correlation with ABLG (below 0.3), 74 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.44 | -0.44 | -0.51 | 51 | Currency | ABLG vs UUP | |
| ProShares Short Bitcoin ETF | -0.42 | -0.34 | -0.36 | 57 | Cryptocurrency | ABLG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | ABLG vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | -0.36 | -0.36 | 60 | Inverse Equities | ABLG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.35 | -0.35 | 68 | Inverse Equities, Leveraged Equities | ABLG vs MSTZ |
See all 2050 diversifiers for ABLG
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Diversification Analysis
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