Looking to balance out your exposure to ABVE? The ETFs below have historically moved differently from ABVE, 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 ABVE
1 ETFs have low correlation with ABVE (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Russell Midcap ETF | 0.20 | — | — | 63 | Mid Cap Blend Equities | ABVE vs IWR |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ABVE, 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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.02, roughly unchanged from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.02 | 0.04 | 0.04 | 66 | Financial Services | |
| Chubb Limited | -0.01 | — | — | 87 | Financial Services | |
| The Coca-Cola Company | -0.00 | — | — | 86 | Consumer Defensive | |
| Alphabet Inc. Class A | 0.04 | — | — | 94 | Communication Services | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.06 | — | — | 89 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ABVE
Add ABVE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ABVE