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
7 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 -0.02, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.02 | 0.02 | 0.02 | 100 | Government Bonds, Ultrashort Bond | AGI vs USFR | |
| Panagram BBB-B CLO ETF | 0.09 | 0.00 | — | 54 | CLO | AGI vs CLOZ | |
| Schwab U.S. Dividend Equity ETF | 0.14 | 0.13 | 0.18 | 91 | Dividend | AGI vs SCHD | |
| First Trust Global Tactical Commodity Strategy Fun... | 0.24 | 0.26 | 0.29 | 77 | Commodities | AGI vs FTGC | |
| Invesco Nasdaq Biotechnology ETF | 0.26 | 0.21 | 0.21 | 90 | Health & Biotech Equities | AGI vs IBBQ |
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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 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.04 | 0.09 | 80 | Consumer Defensive | |
| Arch Capital Group Ltd. | -0.06 | 0.01 | 0.06 | 62 | Financial Services | |
| Vista Oil & Gas, S.A.B. de C.V. | -0.06 | 0.10 | 0.17 | 70 | Energy | |
| Chevron Corporation | -0.05 | 0.01 | 0.13 | 74 | Energy | |
| The Coca-Cola Company | -0.04 | 0.06 | 0.11 | 84 | Consumer Defensive |
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Build a portfolio that complements AGI
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