Looking to diversify beyond AFIF? The ETFs below have historically moved differently from AFIF, 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 AFIF
689 ETFs have low correlation with AFIF (below 0.3), 61 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, roughly unchanged from -0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.11 | -0.21 | 56 | Leveraged Currency | AFIF vs YCS | |
| Invesco DB Energy Fund | -0.15 | -0.04 | -0.02 | 72 | Oil & Gas | AFIF vs DBE | |
| United States Brent Oil Fund LP | -0.14 | -0.04 | -0.03 | 52 | Oil & Gas | AFIF vs BNO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.13 | -0.06 | 0.02 | 100 | Government Bonds, Ultrashort Bond | AFIF vs BIL | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.13 | -0.18 | -0.18 | 75 | Derivative Income | AFIF vs WNTR |
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