Looking to diversify beyond ACKY? The ETFs below have the lowest correlation with ACKY — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ACKY.
Best Diversifiers for ACKY
300 ETFs have low correlation with ACKY (below 0.3), 42 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.17, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.17 | -0.17 | -0.17 | 50 | Energy Equities | ACKY vs ENFR | |
| Tortoise North American Pipeline Fund | -0.15 | -0.15 | -0.15 | 55 | Energy Equities | ACKY vs TPYP | |
| VanEck Energy Income ETF | -0.15 | -0.15 | -0.15 | 57 | Energy Equities | ACKY vs EINC | |
| USCF Midstream Energy Income Fund ETF | -0.15 | -0.15 | -0.15 | 54 | Energy Equities | ACKY vs UMI | |
| Cambria Tactical Yield ETF | -0.13 | -0.13 | -0.13 | 99 | ACKY vs TYLD |
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