Looking to balance out your exposure to AGEN? The ETFs below have the lowest correlation with AGEN — they tend to move on their own, which can help reduce risk when AGEN drops. The stock ideas table highlights individual companies that behave independently from AGEN.
Best Diversifiers for AGEN
0 ETFs have low correlation with AGEN (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 0.31, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.31 | 0.30 | 0.35 | 59 | S&P 500 | AGEN vs SPY | |
| Vanguard S&P 500 ETF | 0.31 | 0.30 | 0.35 | 59 | S&P 500 | AGEN vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGEN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGEN and solid risk/return profiles. The least correlated is Applied Optoelectronics, Inc. (AAOI) (Technology) with a 1Y correlation of 0.12, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Optoelectronics, Inc. | 0.12 | 0.18 | 0.24 | 90 | Technology |
Build a portfolio that complements AGEN
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