Looking to balance out your exposure to ACN? The ETFs below have the lowest correlation with ACN — they tend to move on their own, which can help reduce risk when ACN drops. The stock ideas table highlights individual companies that behave independently from ACN.
Best Diversifiers for ACN
256 ETFs have low correlation with ACN (below 0.3), 57 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.97, roughly unchanged from -0.97 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.97 | -0.97 | -0.97 | 99 | Leveraged Equities, Semiconductors | ACN vs MUU | |
| ProShares Ultra Semiconductors | -0.22 | 0.14 | 0.36 | 70 | Leveraged Equities, Semiconductors | ACN vs USD | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.19 | — | — | 95 | Technology Equities | ACN vs AIS | |
| Convergence Long/Short Equity ETF | -0.17 | 0.15 | — | 97 | Long-Short, Actively Managed | ACN vs CLSE | |
| Invesco Semiconductors ETF | -0.17 | 0.17 | 0.38 | 93 | Semiconductors, Technology Equities | ACN vs PSI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACN and solid risk/return profiles. The least correlated is Comfort Systems USA, Inc. (FIX) (Industrials) with a 1Y correlation of -0.29, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Comfort Systems USA, Inc. | -0.29 | 0.08 | 0.24 | 98 | Industrials | |
| Western Digital Corporation | -0.26 | 0.03 | 0.23 | 99 | Technology | |
| Vertiv Holdings Co. | -0.25 | 0.09 | 0.27 | 93 | Industrials | |
| GE Vernova Inc. | -0.25 | — | — | 89 | Industrials | |
| Seagate Technology plc | -0.25 | 0.08 | 0.28 | 99 | Technology |
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