Looking to balance out your exposure to ACHR? The ETFs below have the lowest correlation with ACHR — they tend to move on their own, which can help reduce risk when ACHR drops. The stock ideas table highlights individual companies that behave independently from ACHR.
Best Diversifiers for ACHR
6 ETFs have low correlation with ACHR (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.04 | 0.03 | 0.03 | 100 | Ultrashort Bond | ACHR vs SGOV | |
| State Street Energy Select Sector SPDR ETF | 0.01 | 0.14 | 0.12 | 63 | Energy Equities | ACHR vs XLE | |
| Vanguard Energy ETF | 0.03 | 0.15 | 0.14 | 64 | Energy Equities | ACHR vs VDE | |
| iShares Core High Dividend ETF | 0.08 | 0.20 | 0.20 | 64 | Dividend, Large Cap Value Equities | ACHR vs HDV | |
| Schwab U.S. Dividend Equity ETF | 0.28 | 0.34 | 0.32 | 80 | Dividend | ACHR vs SCHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACHR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACHR and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.12 | 0.07 | 0.09 | 63 | Consumer Defensive | |
| The Coca-Cola Company | -0.10 | 0.00 | 0.02 | 66 | Consumer Defensive | |
| Ventas, Inc. | -0.07 | 0.13 | 0.17 | 80 | Real Estate | |
| Exxon Mobil Corporation | -0.06 | 0.06 | 0.07 | 85 | Energy | |
| Coca-Cola Consolidated, Inc. | -0.06 | 0.04 | 0.09 | 80 | Consumer Defensive |
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Build a portfolio that complements ACHR
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