Looking to diversify beyond AGEM? The ETFs below have the lowest correlation with AGEM — 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 AGEM.
Best Diversifiers for AGEM
394 ETFs have low correlation with AGEM (below 0.3), 62 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.19 | -0.19 | 61 | Leveraged Currency | AGEM vs YCS | |
| United States Oil Fund LP | -0.29 | — | — | 66 | Oil & Gas | AGEM vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | -0.15 | -0.15 | 56 | Derivative Income | AGEM vs USOY | |
| United States Brent Oil Fund LP | -0.26 | — | — | 65 | Oil & Gas | AGEM vs BNO | |
| Invesco DB Energy Fund | -0.25 | -0.12 | -0.12 | 71 | Oil & Gas | AGEM vs DBE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGEM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGEM and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Inventrust Properties Corp | 0.06 | — | — | 76 | Real Estate | |
| Eli Lilly and Company | 0.11 | — | — | 72 | Healthcare | |
| AxoGen, Inc. | 0.17 | — | — | 98 | Healthcare | |
| Credo Technology Group Holding Ltd | 0.33 | — | — | 85 | Technology | |
| Danaos Corporation | 0.36 | — | — | 91 | Industrials |
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