Looking to balance out your exposure to ACM? The ETFs below have the lowest correlation with ACM — they tend to move on their own, which can help reduce risk when ACM drops. The stock ideas table highlights individual companies that behave independently from ACM.
Best Diversifiers for ACM
4 ETFs have low correlation with ACM (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Enhanced Short Maturity Active ETF (MINT) (Ultrashort Bond) with a 1Y correlation of 0.01, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Enhanced Short Maturity Active ETF | 0.01 | 0.08 | 0.07 | 100 | Ultrashort Bond | ACM vs MINT | |
| State Street Energy Select Sector SPDR ETF | 0.05 | 0.23 | 0.35 | 63 | Energy Equities | ACM vs XLE | |
| Vanguard Short-Term Corporate Bond ETF | 0.14 | 0.11 | 0.12 | 74 | Corporate Bonds | ACM vs VCSH | |
| State Street Technology Select Sector SPDR ETF | 0.28 | 0.36 | 0.42 | 83 | Technology Equities | ACM vs XLK | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | 0.32 | 0.37 | 0.37 | 81 | Nasdaq-100, Dividend | ACM vs GPIQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACM and solid risk/return profiles. The least correlated is Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of -0.09, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.09 | 0.12 | 0.22 | 62 | Consumer Cyclical | |
| Cardinal Health, Inc. | 0.05 | 0.15 | 0.28 | 68 | Healthcare | |
| Eli Lilly and Company | 0.05 | 0.13 | 0.17 | 72 | Healthcare | |
| Gilead Sciences, Inc. | 0.08 | 0.14 | 0.20 | 63 | Healthcare | |
| Gold Fields Limited | 0.10 | 0.12 | 0.14 | 69 | Basic Materials |
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