Looking to balance out your exposure to ACHR? The ETFs below have historically moved differently from ACHR, 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 ACHR
5 ETFs have low correlation with ACHR (below 0.3), 4 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.08, down from 0.15 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.08 | 0.15 | — | 87 | Dividend, Large Cap Value Equities | ACHR vs HDV | |
| State Street Energy Select Sector SPDR ETF | -0.05 | 0.10 | — | 61 | Energy Equities | ACHR vs XLE | |
| iShares 0-3 Month Treasury Bond ETF | -0.05 | 0.03 | — | 100 | Ultrashort Bond | ACHR vs SGOV | |
| Vanguard Energy ETF | -0.02 | 0.12 | — | 61 | Energy Equities | ACHR vs VDE | |
| Schwab U.S. Dividend Equity ETF | 0.15 | 0.31 | — | 94 | Dividend | ACHR vs SCHD |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ACHR, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.21, down from -0.02 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.21 | -0.02 | — | 86 | Consumer Defensive | |
| Walmart Inc. | -0.15 | 0.03 | 0.07 | 59 | Consumer Defensive | |
| Johnson & Johnson | -0.15 | -0.04 | -0.01 | 96 | Healthcare | |
| Ventas, Inc. | -0.15 | 0.08 | 0.14 | 87 | Real Estate | |
| Plains All American Pipeline, L.P. | -0.13 | 0.04 | 0.11 | 90 | Energy |
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