Looking to diversify beyond AFOS? The ETFs below have the lowest correlation with AFOS — 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 AFOS.
Best Diversifiers for AFOS
0 ETFs have low correlation with AFOS (below 0.3), 0 of which are negatively correlated. The least correlated is Essential 40 Stock ETF (ESN) (Large Cap Blend Equities) with a 1Y correlation of 0.59, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Essential 40 Stock ETF | 0.59 | 0.59 | 0.59 | 86 | Large Cap Blend Equities | AFOS vs ESN | |
| Schwab Fundamental U.S. Broad Market Index ETF | 0.63 | 0.63 | 0.63 | 90 | Large Cap Value Equities | AFOS vs FNDB | |
| iShares Asia 50 ETF | 0.74 | 0.74 | 0.74 | 92 | Asia Pacific Equities | AFOS vs AIA | |
| First Trust Developed Markets ex-US AlphaDEX Fund | 0.74 | 0.74 | 0.74 | 84 | Foreign Large Cap Equities | AFOS vs FDT | |
| Aptus Large Cap Enhanced Yield ETF | 0.82 | 0.82 | 0.82 | 81 | Large Cap Blend Equities | AFOS vs DUBS |
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