PortfoliosLab logoPortfoliosLab logo

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

521 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 -0.37, down from -0.21 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ProShares UltraShort Yen-0.37-0.25-0.21
61
Leveraged CurrencyACWV vs YCS
Invesco DB Energy Fund-0.27-0.100.04
71
Oil & GasACWV vs DBE
Invesco DB Oil Fund-0.26-0.090.04
65
Oil & GasACWV vs DBO
United States Brent Oil Fund LP-0.26-0.090.03
65
Oil & GasACWV vs BNO
United States Oil Fund LP-0.26-0.090.03
66
Oil & GasACWV vs USO
See all 2117 diversifiers for ACWV

To view more results, upgrade your current subscription plan.

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 -0.03, down from 0.19 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Credo Technology Group Holding Ltd-0.030.100.19
85
Technology
Centrus Energy Corp.-0.020.160.24
55
Energy
ConocoPhillips Company-0.010.140.21
76
Energy
Micron Technology, Inc.-0.000.150.25
99
Technology
Nebius Group N.V.-0.000.050.05
97
Communication Services
See all 122 low-correlation stocks for ACWV

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements ACWV

Add ACWV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with ACWV