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
7 ETFs have low correlation with AG (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Energy ETF (IXC) (Energy Equities) with a 1Y correlation of 0.02, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Energy ETF | 0.02 | 0.18 | 0.27 | 53 | Energy Equities | AG vs IXC | |
| State Street SPDR Bloomberg Investment Grade Float... | 0.15 | 0.07 | 0.09 | 99 | Ultrashort Bond | AG vs FLRN | |
| iShares Ultra Short Duration Bond Active ETF | 0.16 | 0.15 | 0.18 | 99 | Ultrashort Bond | AG vs ICSH | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 0.17 | 0.24 | 0.30 | 76 | Energy Equities | AG vs XES | |
| VanEck Oil Services ETF | 0.18 | 0.24 | 0.29 | 65 | Energy Equities | AG vs OIH |
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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 Arch Capital Group Ltd. (ACGL) (Financial Services) with a 1Y correlation of -0.11, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arch Capital Group Ltd. | -0.11 | -0.01 | 0.06 | 64 | Financial Services | |
| Energy Transfer LP | -0.04 | 0.09 | 0.20 | 78 | Energy | |
| SM Energy Company | -0.03 | 0.11 | 0.19 | 53 | Energy | |
| Powszechny Zaklad Ubezpieczen SA | -0.01 | -0.01 | -0.01 | 61 | Financial Services | |
| Berkshire Hathaway Inc. | 0.01 | 0.04 | 0.13 | 54 | Financial Services |
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Build a portfolio that complements AG
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