Looking to balance out your exposure to ACIW? The ETFs below have the lowest correlation with ACIW — they tend to move on their own, which can help reduce risk when ACIW drops. The stock ideas table highlights individual companies that behave independently from ACIW.
Best Diversifiers for ACIW
3 ETFs have low correlation with ACIW (below 0.3), 0 of which are negatively correlated. The least correlated is Convergence Long/Short Equity ETF (CLSE) (Long-Short) with a 1Y correlation of 0.07, down from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 0.07 | 0.27 | — | 95 | Long-Short | ACIW vs CLSE | |
| iShares Expanded Tech Sector ETF | 0.28 | 0.40 | 0.49 | 79 | Technology Equities | ACIW vs IGM | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.29 | 0.39 | 0.48 | 57 | S&P 500, Large Cap Growth Equities | ACIW vs SPYG | |
| Vanguard Total World Stock ETF | 0.35 | 0.49 | 0.56 | 67 | Global Equities | ACIW vs VT | |
| ProShares Ultra S&P500 | 0.37 | 0.48 | 0.55 | 62 | Leveraged Equities, S&P 500 | ACIW vs SSO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACIW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACIW and solid risk/return profiles. The least correlated is Agnico Eagle Mines Limited (AEM) (Basic Materials) with a 1Y correlation of -0.09, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Agnico Eagle Mines Limited | -0.09 | 0.07 | 0.12 | 66 | Basic Materials | |
| Gold Fields Limited | -0.08 | 0.04 | 0.06 | 69 | Basic Materials | |
| Triple Flag Precious Metals Corp | -0.04 | 0.06 | 0.05 | 58 | Basic Materials | |
| Osisko Gold Royalties Ltd | -0.04 | 0.12 | 0.15 | 61 | Basic Materials | |
| Eldorado Gold Corporation | -0.04 | 0.07 | 0.13 | 66 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ACIW
Add ACIW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ACIW