Looking to balance out your exposure to ABR? The ETFs below have the lowest correlation with ABR — they tend to move on their own, which can help reduce risk when ABR drops. The stock ideas table highlights individual companies that behave independently from ABR.
Best Diversifiers for ABR
122 ETFs have low correlation with ABR (below 0.3), 9 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.18, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.18 | -0.04 | 0.08 | 66 | Oil & Gas | ABR vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.16 | -0.02 | 0.10 | 54 | Leveraged Commodities | ABR vs UCO | |
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.04 | -0.05 | 100 | Government Bonds, Ultrashort Bond | ABR vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.04 | -0.05 | 100 | Government Bonds, Ultrashort Bond | ABR vs BIL | |
| Invesco DB Commodity Index Tracking Fund | -0.06 | 0.04 | 0.14 | 75 | Commodities | ABR vs DBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ABR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ABR and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.04, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.04 | 0.06 | 0.16 | 63 | Consumer Defensive | |
| Lumentum Holdings Inc. | -0.03 | 0.16 | 0.24 | 99 | Technology | |
| Altria Group, Inc. | -0.02 | 0.14 | 0.22 | 69 | Consumer Defensive | |
| GE Vernova Inc. | -0.00 | 0.08 | 0.08 | 87 | Utilities | |
| Antero Midstream Corporation | 0.00 | 0.18 | 0.31 | 65 | Energy |
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Build a portfolio that complements ABR
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