Looking to balance out your exposure to ACMR? The ETFs below have historically moved differently from ACMR, 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 ACMR
1 ETFs have low correlation with ACMR (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.16, down from 0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.16 | 0.24 | 0.31 | 95 | Dividend | ACMR vs SCHD | |
| Global X MSCI Greece ETF | 0.32 | 0.31 | 0.34 | 61 | Emerging Markets Equities | ACMR vs GREK | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.32 | 0.25 | 0.23 | 50 | Silver, Precious Metals | ACMR vs SLVP | |
| State Street SPDR S&P 500 ETF | 0.56 | 0.52 | 0.52 | 78 | S&P 500 | ACMR vs SPY | |
| Vanguard S&P 500 ETF | 0.57 | 0.52 | 0.52 | 78 | S&P 500 | ACMR vs VOO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ACMR, 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 Arch Capital Group Ltd. (ACGL) (Financial Services) with a 1Y correlation of -0.23, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arch Capital Group Ltd. | -0.23 | -0.09 | 0.01 | 65 | Financial Services | |
| Agree Realty Corporation | -0.16 | -0.06 | 0.02 | 60 | Real Estate | |
| Walmart Inc. | -0.11 | -0.02 | 0.04 | 60 | Consumer Defensive | |
| Visa Inc. | -0.04 | 0.11 | 0.23 | 55 | Financial Services | |
| AbbVie Inc. | -0.01 | 0.06 | 0.04 | 76 | Healthcare |
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