Looking to diversify beyond ACWV? The ETFs below have the lowest correlation with ACWV — 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 ACWV.
Best Diversifiers for ACWV
481 ETFs have low correlation with ACWV (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.25 | -0.21 | 72 | Leveraged Currency | ACWV vs YCS | |
| Direxion Daily MU Bull 2X Shares | -0.26 | -0.26 | -0.26 | 99 | Leveraged Equities, Semiconductors | ACWV vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | -0.21 | -0.21 | 65 | Inverse Equities, Leveraged Equities | ACWV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.25 | -0.21 | -0.21 | 56 | Inverse Equities | ACWV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | — | — | 70 | Derivative Income | ACWV vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACWV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACWV and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.02, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.02 | 0.10 | 0.18 | 83 | Technology | |
| Micron Technology, Inc. | -0.01 | 0.13 | 0.24 | 99 | Technology | |
| ConocoPhillips Company | -0.00 | 0.13 | 0.20 | 66 | Energy | |
| Nebius Group N.V. | 0.00 | 0.06 | 0.06 | 94 | Communication Services | |
| Devon Energy Corporation | 0.00 | 0.16 | 0.22 | 73 | Energy |
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Build a portfolio that complements ACWV
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Analyze a portfolio with ACWV