Looking to balance out your exposure to ACM? The ETFs below have historically moved differently from ACM, 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 ACM
7 ETFs have low correlation with ACM (below 0.3), 0 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of 0.01, down from 0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.01 | 0.21 | 0.32 | 75 | Energy Equities | ACM vs XLE | |
| PIMCO Enhanced Short Maturity Active ETF | 0.05 | 0.07 | 0.07 | 100 | Ultrashort Bond | ACM vs MINT | |
| State Street Health Care Select Sector SPDR ETF | 0.18 | 0.31 | 0.39 | 68 | Health & Biotech Equities | ACM vs XLV | |
| Vanguard Short-Term Corporate Bond ETF | 0.20 | 0.14 | 0.13 | 72 | Corporate Bonds | ACM vs VCSH | |
| State Street Technology Select Sector SPDR ETF | 0.26 | 0.37 | 0.45 | 62 | Technology Equities | ACM vs XLK |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ACM, 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 Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of -0.16, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.16 | 0.09 | 0.19 | 87 | Consumer Cyclical | |
| NextEra Energy, Inc. | 0.05 | 0.15 | 0.25 | 77 | Utilities | |
| Cencora Inc. | 0.06 | 0.08 | 0.20 | 50 | Healthcare | |
| Eli Lilly and Company | 0.06 | 0.14 | 0.18 | 79 | Healthcare | |
| Astera Labs, Inc. | 0.09 | — | — | 82 | Technology |
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