Looking to balance out your exposure to AG? The ETFs below have historically moved differently from AG, 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 AG
9 ETFs have low correlation with AG (below 0.3), 2 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.05, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.05 | 0.11 | 0.21 | 65 | Energy Equities | AG vs XLE | |
| iShares Global Energy ETF | -0.00 | 0.16 | 0.25 | 72 | Energy Equities | AG vs IXC | |
| iShares Ultra Short Duration Bond Active ETF | 0.14 | 0.14 | 0.17 | 99 | Ultrashort Bond | AG vs ICSH | |
| State Street SPDR Bloomberg Investment Grade Float... | 0.16 | 0.08 | 0.10 | 99 | Ultrashort Bond, Investment Grade Bonds | AG vs FLRN | |
| Direxion Daily GOOGL Bull 2X Shares | 0.18 | 0.20 | — | 87 | Leveraged Equities | AG vs GGLL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Arch Capital Group Ltd. (ACGL) (Financial Services) with a 1Y correlation of -0.13, down from 0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arch Capital Group Ltd. | -0.13 | -0.03 | 0.05 | 69 | Financial Services | |
| SM Energy Company | -0.05 | 0.10 | 0.18 | 55 | Energy | |
| Energy Transfer LP | -0.04 | 0.08 | 0.19 | 82 | Energy | |
| Powszechny Zaklad Ubezpieczen SA | -0.01 | -0.01 | -0.01 | 63 | Financial Services | |
| Reinsurance Group of America, Incorporated | 0.01 | 0.02 | 0.09 | 76 | Financial Services |
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