Looking to balance out your exposure to ADUS? The ETFs below have the lowest correlation with ADUS — they tend to move on their own, which can help reduce risk when ADUS drops. The stock ideas table highlights individual companies that behave independently from ADUS.
Best Diversifiers for ADUS
2 ETFs have low correlation with ADUS (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) (Alternative Energy Equities) with a 1Y correlation of 0.20, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Nasdaq Clean Edge Smart GRID Infrastru... | 0.20 | 0.31 | 0.37 | 79 | Alternative Energy Equities | ADUS vs GRID | |
| Avantis International Small Cap Value ETF | 0.26 | 0.25 | 0.28 | 78 | Foreign Small & Mid Cap Equities | ADUS vs AVDV | |
| Invesco S&P SmallCap Momentum ETF | 0.35 | 0.39 | 0.43 | 58 | Momentum, Small Cap Growth Equities | ADUS vs XSMO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ADUS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ADUS and solid risk/return profiles. The least correlated is Brookdale Senior Living Inc. (BKD) (Healthcare) with a 1Y correlation of 0.20, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Brookdale Senior Living Inc. | 0.20 | 0.26 | 0.27 | 86 | Healthcare |
Build a portfolio that complements ADUS
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