Looking to diversify beyond AFIX? The ETFs below have the lowest correlation with AFIX — 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 AFIX.
Best Diversifiers for AFIX
1034 ETFs have low correlation with AFIX (below 0.3), 91 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.41 | -0.41 | 72 | Leveraged Currency | AFIX vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.45 | — | — | 51 | Currency | AFIX vs UUP | |
| United States Gasoline Fund LP | -0.42 | — | — | 78 | Oil & Gas | AFIX vs UGA | |
| Invesco DB Energy Fund | -0.42 | — | — | 53 | Oil & Gas | AFIX vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.30 | -0.30 | 51 | Commodities | AFIX vs GSG |
See all 2052 diversifiers for AFIX
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