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
113 ETFs have low correlation with ABR (below 0.3), 5 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.10, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.10 | 0.00 | 0.13 | 57 | Commodities | ABR vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.10 | 0.01 | 0.13 | 56 | Commodities | ABR vs DBC | |
| WisdomTree Floating Rate Treasury Fund | -0.06 | -0.06 | -0.05 | 100 | Government Bonds, Ultrashort Bond | ABR vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.05 | -0.06 | 100 | Government Bonds, Ultrashort Bond | ABR vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.05 | 0.01 | -0.03 | 100 | Ultrashort Bond | ABR vs SGOV |
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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 Omega Healthcare Investors, Inc. (OHI) (Real Estate) with a 1Y correlation of -0.07, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Omega Healthcare Investors, Inc. | -0.07 | 0.17 | 0.29 | 90 | Real Estate | |
| Philip Morris International Inc. | -0.05 | 0.09 | 0.17 | 52 | Consumer Defensive | |
| Chubb Limited | -0.04 | 0.09 | 0.21 | 82 | Financial Services | |
| Equinor ASA | -0.04 | 0.08 | 0.17 | 77 | Energy | |
| The Coca-Cola Company | -0.03 | 0.11 | 0.20 | 84 | Consumer Defensive |
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Build a portfolio that complements ABR
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