Looking to balance out your exposure to AGM-A? The ETFs below have the lowest correlation with AGM-A — they tend to move on their own, which can help reduce risk when AGM-A drops. The stock ideas table highlights individual companies that behave independently from AGM-A.
Best Diversifiers for AGM-A
2 ETFs have low correlation with AGM-A (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 0.16, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.16 | 0.16 | 0.12 | 65 | S&P 500 | AGM-A vs SPY | |
| Vanguard S&P 500 ETF | 0.16 | 0.16 | 0.12 | 66 | S&P 500 | AGM-A vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGM-A, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGM-A and solid risk/return profiles. The least correlated is Federal Agricultural Mortgage Corporation (AGM) (Financial Services) with a 1Y correlation of 0.29, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Federal Agricultural Mortgage Corporation | 0.29 | 0.25 | 0.23 | 61 | Financial Services |
Build a portfolio that complements AGM-A
Add AGM-A to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGM-A