Looking to diversify beyond ACWI? The ETFs below have the lowest correlation with ACWI — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ACWI.
Best Diversifiers for ACWI
334 ETFs have low correlation with ACWI (below 0.3), 79 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.36, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.36 | -0.07 | 0.10 | 71 | Oil & Gas | ACWI vs DBE | |
| United States Oil Fund LP | -0.36 | -0.07 | 0.09 | 66 | Oil & Gas | ACWI vs USO | |
| United States Brent Oil Fund LP | -0.35 | -0.06 | 0.09 | 65 | Oil & Gas | ACWI vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.33 | — | — | 55 | Derivative Income | ACWI vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.31 | -0.03 | 0.12 | 55 | Oil & Gas | ACWI vs OILK |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACWI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACWI and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.16, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.16 | 0.05 | 0.15 | 73 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.15 | 0.09 | 0.21 | 86 | Energy | |
| ConocoPhillips Company | -0.14 | 0.09 | 0.23 | 78 | Energy | |
| Duke Energy Corporation | -0.12 | 0.02 | 0.12 | 57 | Utilities | |
| Chevron Corporation | -0.11 | 0.11 | 0.24 | 84 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ACWI
Add ACWI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ACWI