Looking to balance out your exposure to AGI? The ETFs below have the lowest correlation with AGI — they tend to move on their own, which can help reduce risk when AGI drops. The stock ideas table highlights individual companies that behave independently from AGI.
Best Diversifiers for AGI
10 ETFs have low correlation with AGI (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.00, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.00 | 0.01 | 0.03 | 100 | Government Bonds, Ultrashort Bond | AGI vs USFR | |
| Schwab U.S. Dividend Equity ETF | 0.11 | 0.13 | 0.19 | 77 | Dividend | AGI vs SCHD | |
| Invesco Nasdaq Biotechnology ETF | 0.24 | 0.22 | 0.21 | 85 | Health & Biotech Equities | AGI vs IBBQ | |
| iShares 1-3 Year Treasury Bond ETF | 0.24 | 0.26 | 0.28 | 77 | Government Bonds, Short-Term Bond | AGI vs SHY | |
| First Trust Global Tactical Commodity Strategy Fun... | 0.24 | 0.26 | 0.29 | 58 | Commodities | AGI vs FTGC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGI and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.04 | 0.10 | 74 | Consumer Defensive | |
| Vista Oil & Gas, S.A.B. de C.V. | -0.06 | 0.12 | 0.17 | 61 | Energy | |
| Chevron Corporation | -0.05 | 0.03 | 0.14 | 70 | Energy | |
| The Coca-Cola Company | -0.04 | 0.06 | 0.11 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | -0.03 | 0.10 | 0.15 | 62 | Communication Services |
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