Looking to balance out your exposure to ACIC? The ETFs below have the lowest correlation with ACIC — they tend to move on their own, which can help reduce risk when ACIC drops. The stock ideas table highlights individual companies that behave independently from ACIC.
Best Diversifiers for ACIC
2 ETFs have low correlation with ACIC (below 0.3), 0 of which are negatively correlated. The least correlated is Direxion Daily S&P 500 Bull 3X ETF (SPXL) (Leveraged Equities) with a 1Y correlation of 0.09, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bull 3X ETF | 0.09 | 0.20 | 0.19 | 63 | Leveraged Equities, S&P 500 | ACIC vs SPXL | |
| iShares Core S&P Total U.S. Stock Market ETF | 0.10 | 0.23 | 0.21 | 68 | Large Cap Blend Equities | ACIC vs ITOT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACIC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACIC and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.13, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.13 | -0.01 | 0.08 | 78 | Technology | |
| Vertiv Holdings Co. | -0.10 | 0.03 | 0.10 | 94 | Industrials | |
| ImmunityBio, Inc. | -0.03 | 0.07 | 0.10 | 83 | Healthcare | |
| Baidu, Inc. | -0.01 | 0.04 | 0.09 | 72 | Communication Services | |
| The RealReal, Inc. | 0.11 | 0.17 | 0.18 | 66 | Consumer Cyclical |
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