Looking to balance out your exposure to ACGL? The ETFs below have historically moved differently from ACGL, 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 ACGL
13 ETFs have low correlation with ACGL (below 0.3), 10 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of -0.39, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | -0.39 | -0.10 | 0.10 | 52 | Technology Equities | ACGL vs VGT | |
| iShares Semiconductor ETF | -0.38 | -0.13 | 0.04 | 90 | Semiconductors, Technology Equities | ACGL vs SOXX | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.38 | -0.13 | 0.05 | 90 | Leveraged Equities, Semiconductors | ACGL vs SOXL | |
| State Street SPDR S&P 500 ETF | -0.20 | 0.09 | 0.26 | 67 | S&P 500 | ACGL vs SPY | |
| Vanguard S&P 500 ETF | -0.19 | 0.09 | 0.26 | 68 | S&P 500 | ACGL vs VOO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ACGL, 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 Celestica Inc. (CLS) (Technology) with a 1Y correlation of -0.39, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Celestica Inc. | -0.39 | -0.12 | 0.04 | 73 | Technology | |
| Broadcom Inc. | -0.38 | -0.13 | 0.03 | 67 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.37 | -0.18 | -0.02 | 87 | Technology | |
| Advanced Micro Devices, Inc. | -0.36 | -0.10 | 0.04 | 94 | Technology | |
| Micron Technology, Inc. | -0.35 | -0.14 | 0.01 | 99 | Technology |
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