Looking to diversify beyond ACWV? The ETFs below have historically moved differently from ACWV, 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 ACWV
510 ETFs have low correlation with ACWV (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.26 | -0.21 | 59 | Leveraged Currency | ACWV vs YCS | |
| Invesco DB Energy Fund | -0.26 | -0.12 | 0.02 | 66 | Oil & Gas | ACWV vs DBE | |
| Invesco DB Oil Fund | -0.24 | -0.11 | 0.02 | 51 | Oil & Gas | ACWV vs DBO | |
| United States Gasoline Fund, LP | -0.23 | -0.10 | 0.03 | 83 | Oil & Gas | ACWV vs UGA | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.22 | — | — | 69 | Derivative Income | ACWV vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ACWV, 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 Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.04, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.04 | 0.09 | 0.19 | 77 | Technology | |
| Nebius Group N.V. | -0.02 | 0.03 | 0.03 | 94 | Communication Services | |
| Devon Energy Corporation | -0.01 | 0.14 | 0.22 | 78 | Energy | |
| Energy Transfer LP | -0.01 | 0.21 | 0.27 | 82 | Energy | |
| ConocoPhillips Company | -0.01 | 0.12 | 0.21 | 73 | Energy |
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