Looking to diversify beyond AGIQ? The ETFs below have the lowest correlation with AGIQ — 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 AGIQ.
Best Diversifiers for AGIQ
408 ETFs have low correlation with AGIQ (below 0.3), 54 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.54, roughly unchanged from -0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.54 | -0.54 | -0.54 | 53 | Inverse Equities | AGIQ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.54 | -0.54 | -0.54 | 60 | Inverse Equities, Leveraged Equities | AGIQ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.51 | -0.51 | -0.51 | 65 | Derivative Income | AGIQ vs WNTR | |
| Tortoise North American Pipeline Fund | -0.19 | -0.19 | -0.19 | 77 | Energy Equities | AGIQ vs TPYP | |
| VanEck Energy Income ETF | -0.17 | -0.17 | -0.17 | 78 | Energy Equities | AGIQ vs EINC |
See all 2023 diversifiers for AGIQ
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