Looking to diversify beyond ACWX? The ETFs below have the lowest correlation with ACWX — 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 ACWX.
Best Diversifiers for ACWX
303 ETFs have low correlation with ACWX (below 0.3), 68 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.26 | -0.22 | 63 | Leveraged Currency | ACWX vs YCS | |
| United States Oil Fund LP | -0.39 | -0.05 | 0.11 | 66 | Oil & Gas | ACWX vs USO | |
| Invesco DB Energy Fund | -0.38 | -0.05 | 0.11 | 71 | Oil & Gas | ACWX vs DBE | |
| United States Brent Oil Fund LP | -0.37 | -0.04 | 0.10 | 65 | Oil & Gas | ACWX vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.35 | — | — | 56 | Derivative Income | ACWX vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACWX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACWX and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.12, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.12 | 0.08 | 0.23 | 76 | Energy | |
| Altria Group, Inc. | -0.11 | 0.08 | 0.17 | 67 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.11 | 0.11 | 0.24 | 85 | Energy | |
| Duke Energy Corporation | -0.09 | 0.06 | 0.13 | 52 | Utilities | |
| Chevron Corporation | -0.08 | 0.11 | 0.25 | 83 | Energy |
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