Looking to balance out your exposure to AG? The ETFs below have the lowest correlation with AG — they tend to move on their own, which can help reduce risk when AG drops. The stock ideas table highlights individual companies that behave independently from AG.
Best Diversifiers for AG
10 ETFs have low correlation with AG (below 0.3), 1 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.04, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.04 | 0.12 | 0.23 | 63 | Energy Equities | AG vs XLE | |
| iShares Global Energy ETF | 0.01 | 0.19 | 0.27 | 76 | Energy Equities | AG vs IXC | |
| SPDR Bloomberg Barclays Investment Grade Floating ... | 0.12 | 0.07 | 0.09 | 99 | Corporate Bonds | AG vs FLRN | |
| iShares Ultra Short Duration Bond Active ETF | 0.13 | 0.14 | 0.17 | 99 | Ultrashort Bond | AG vs ICSH | |
| Direxion Daily GOOGL Bull 2X Shares | 0.15 | 0.19 | — | 94 | Leveraged Equities | AG vs GGLL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AG and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.05, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.05 | 0.10 | 0.21 | 69 | Energy | |
| Tri Pointe Homes, Inc. | 0.03 | 0.15 | 0.19 | 79 | Consumer Cyclical | |
| Celcuity Inc. | 0.04 | 0.09 | 0.09 | 98 | Healthcare | |
| Powszechny Zaklad Ubezpieczen SA | 0.05 | — | — | 70 | Financial Services | |
| Monster Beverage Corporation | 0.05 | 0.06 | 0.11 | 79 | Consumer Defensive |
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Build a portfolio that complements AG
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