Looking to balance out your exposure to ACB? The ETFs below have the lowest correlation with ACB — they tend to move on their own, which can help reduce risk when ACB drops. The stock ideas table highlights individual companies that behave independently from ACB.
Best Diversifiers for ACB
2 ETFs have low correlation with ACB (below 0.3), 1 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.11, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.11 | 0.07 | 0.11 | 66 | Oil & Gas | ACB vs USO | |
| iShares MSCI Poland ETF | 0.24 | 0.25 | 0.31 | 55 | Europe Equities | ACB vs EPOL | |
| State Street SPDR S&P 500 ETF | 0.41 | 0.38 | 0.45 | 70 | S&P 500 | ACB vs SPY | |
| iShares MSCI World ETF | 0.42 | 0.41 | 0.47 | 63 | Global Equities | ACB vs URTH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACB and solid risk/return profiles. The least correlated is Allianz SE ADR (ALIZY) (Financial Services) with a 1Y correlation of 0.11, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Allianz SE ADR | 0.11 | 0.17 | 0.21 | 56 | Financial Services | |
| NVIDIA Corporation | 0.23 | 0.23 | 0.34 | 78 | Technology | |
| Curaleaf Holdings, Inc. | 0.65 | 0.48 | 0.44 | 89 | Healthcare |
Build a portfolio that complements ACB
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