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
5 ETFs have low correlation with AGI (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.07, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.07 | 0.11 | 0.19 | 80 | Dividend | AGI vs SCHD | |
| Virtus InfraCap U.S. Preferred Stock ETF | 0.13 | 0.16 | 0.19 | 56 | Preferred Stock/Convertible Bonds | AGI vs PFFA | |
| First Trust Global Tactical Commodity Strategy Fun... | 0.21 | 0.25 | 0.29 | 81 | Commodities | AGI vs FTGC | |
| iShares 1-3 Year Treasury Bond ETF | 0.22 | 0.26 | 0.27 | 79 | Government Bonds, Short-Term Bond | AGI vs SHY | |
| NEOS Nasdaq-100 High Income ETF | 0.24 | — | — | 68 | Nasdaq-100, Derivative Income | AGI vs QQQI |
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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 -0.06, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.06 | 0.05 | 0.11 | 69 | Consumer Defensive | |
| Chevron Corporation | -0.04 | 0.03 | 0.15 | 83 | Energy | |
| AbbVie Inc. | -0.02 | 0.01 | 0.04 | 62 | Healthcare | |
| PepsiCo, Inc. | -0.01 | 0.03 | 0.08 | 56 | Consumer Defensive | |
| Verizon Communications Inc. | -0.00 | 0.11 | 0.15 | 59 | Communication Services |
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