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
227 ETFs have low correlation with ACN (below 0.3), 22 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.14, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.14 | 0.18 | 0.38 | 82 | Leveraged Equities, Semiconductors | ACN vs USD | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.10 | — | — | 96 | Technology Equities | ACN vs AIS | |
| Vanguard Short-Term Tax-Exempt Bond ETF | -0.09 | 0.03 | — | 71 | Municipal Bonds | ACN vs VTES | |
| Roundhill Generative AI & Technology ETF | -0.08 | 0.22 | — | 89 | Technology Equities | ACN vs CHAT | |
| First Trust Nasdaq Semiconductor ETF | -0.07 | 0.22 | 0.40 | 96 | Semiconductors, Technology Equities | ACN vs FTXL |
To view more results, upgrade your current subscription plan.
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 -0.23, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Comfort Systems USA, Inc. | -0.23 | 0.11 | 0.26 | 98 | Industrials | |
| Vertiv Holdings Co. | -0.19 | 0.11 | 0.28 | 93 | Industrials | |
| Lumentum Holdings Inc. | -0.19 | 0.07 | 0.24 | 99 | Technology | |
| Seagate Technology plc | -0.19 | 0.11 | 0.30 | 99 | Technology | |
| Bloom Energy Corporation | -0.18 | 0.02 | 0.20 | 99 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ACN
Add ACN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ACN