Looking to diversify beyond ACWX? The ETFs below have historically moved differently from ACWX, 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 ACWX
334 ETFs have low correlation with ACWX (below 0.3), 80 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.46 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ACWX vs SBIT | |
| ProShares Short Bitcoin ETF | -0.46 | -0.33 | — | 61 | Cryptocurrency | ACWX vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 52 | Inverse Equities | ACWX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | ACWX vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.41 | — | — | 75 | Derivative Income | ACWX 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 ACWX, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.24, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.24 | 0.01 | 0.12 | 66 | Consumer Defensive | |
| Chubb Limited | -0.19 | 0.07 | 0.22 | 89 | Financial Services | |
| ConocoPhillips Company | -0.18 | 0.05 | 0.22 | 72 | Energy | |
| Chevron Corporation | -0.18 | 0.07 | 0.24 | 80 | Energy | |
| Occidental Petroleum Corporation | -0.17 | 0.07 | 0.22 | 70 | Energy |
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