Looking to balance out your exposure to ACRE? The ETFs below have the lowest correlation with ACRE — they tend to move on their own, which can help reduce risk when ACRE drops. The stock ideas table highlights individual companies that behave independently from ACRE.
Best Diversifiers for ACRE
0 ETFs have low correlation with ACRE (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.35, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.35 | 0.41 | 0.49 | 70 | S&P 500 | ACRE vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.39 | 0.51 | 0.55 | 80 | Dividend | ACRE vs SCHD | |
| Global X Russell 2000 Covered Call ETF | 0.41 | 0.51 | 0.55 | 66 | Hedge Fund | ACRE vs RYLD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACRE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACRE and solid risk/return profiles. The least correlated is Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of 0.08, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | 0.08 | 0.17 | 0.19 | 86 | Energy | |
| Verizon Communications Inc. | 0.13 | 0.19 | 0.24 | 59 | Communication Services | |
| Credo Technology Group Holding Ltd | 0.14 | 0.19 | — | 85 | Technology | |
| Ducommun Incorporated | 0.17 | 0.30 | 0.37 | 93 | Industrials | |
| Vale S.A. | 0.23 | 0.27 | 0.25 | 90 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ACRE
Add ACRE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ACRE