Looking to balance out your exposure to ABNB? The ETFs below have historically moved differently from ABNB, 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 ABNB
101 ETFs have low correlation with ABNB (below 0.3), 12 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.24, down from 0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.24 | -0.06 | 0.05 | 55 | Oil & Gas | ABNB vs USO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.20 | -0.03 | 0.08 | 72 | Commodities | ABNB vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.19 | -0.02 | 0.09 | 71 | Commodities | ABNB vs DBC | |
| Global X MLP & Energy Infrastructure ETF | -0.16 | 0.12 | 0.23 | 74 | Infrastructure Equities, MLPs | ABNB vs MLPX | |
| KFA Mount Lucas Index Strategy ETF | -0.15 | -0.04 | -0.10 | 61 | Systematic Trend | ABNB vs KMLM |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ABNB, 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 Cheniere Energy, Inc. (LNG) (Energy) with a 1Y correlation of -0.17, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cheniere Energy, Inc. | -0.18 | 0.02 | 0.13 | 57 | Energy | |
| Enbridge Inc. | -0.17 | 0.06 | 0.18 | 85 | Energy | |
| Chevron Corporation | -0.13 | 0.07 | 0.14 | 80 | Energy | |
| Johnson & Johnson | -0.13 | -0.08 | -0.03 | 97 | Healthcare | |
| Duke Energy Corporation | -0.12 | -0.08 | -0.03 | 56 | Utilities |
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