Looking to balance out your exposure to AGCO? The ETFs below have the lowest correlation with AGCO — they tend to move on their own, which can help reduce risk when AGCO drops. The stock ideas table highlights individual companies that behave independently from AGCO.
Best Diversifiers for AGCO
0 ETFs have low correlation with AGCO (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.33, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.33 | 0.36 | 0.45 | 70 | S&P 500 | AGCO vs SPY | |
| Vanguard S&P 500 ETF | 0.33 | 0.37 | 0.45 | 70 | S&P 500 | AGCO vs VOO | |
| iShares Core S&P 500 ETF | 0.33 | 0.37 | 0.45 | 70 | S&P 500 | AGCO vs IVV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGCO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGCO and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.01, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.01 | 0.09 | 0.17 | 66 | Consumer Defensive | |
| Adecoagro S.A. | 0.00 | 0.15 | 0.28 | 64 | Consumer Defensive | |
| Monster Beverage Corporation | 0.01 | 0.13 | 0.21 | 79 | Consumer Defensive | |
| CF Industries Holdings, Inc. | 0.06 | 0.24 | 0.30 | 60 | Basic Materials | |
| Woodside Energy Group Ltd | 0.08 | 0.25 | 0.31 | 85 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AGCO
Add AGCO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGCO