Looking to balance out your exposure to AEF? The ETFs below have the lowest correlation with AEF — they tend to move on their own, which can help reduce risk when AEF drops. The stock ideas table highlights individual companies that behave independently from AEF.
Best Diversifiers for AEF
1 ETFs have low correlation with AEF (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P GSCI Commodity-Indexed Trust (GSG) (Commodities) with a 1Y correlation of -0.18, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | 0.08 | 0.15 | 71 | Commodities | AEF vs GSG | |
| Sprott Energy Transition Materials ETF | 0.47 | 0.53 | — | 82 | Energy Equities | AEF vs SETM | |
| State Street Technology Select Sector SPDR ETF | 0.59 | 0.52 | 0.51 | 83 | Technology Equities | AEF vs XLK | |
| Invesco QQQ ETF | 0.62 | 0.55 | 0.52 | 73 | Nasdaq-100 | AEF vs QQQ | |
| Amplify CWP International Enhanced Dividend Income... | 0.62 | 0.65 | 0.66 | 67 | Derivative Income, Dividend, Foreign Large Cap Equities | AEF vs IDVO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AEF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AEF and solid risk/return profiles. The least correlated is ASA Gold and Precious Metals Limited (ASA) (Financial Services) with a 1Y correlation of 0.35, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ASA Gold and Precious Metals Limited | 0.35 | 0.32 | 0.35 | 79 | Financial Services |
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