Looking to balance out your exposure to AGNC? The ETFs below have the lowest correlation with AGNC — they tend to move on their own, which can help reduce risk when AGNC drops. The stock ideas table highlights individual companies that behave independently from AGNC.
Best Diversifiers for AGNC
79 ETFs have low correlation with AGNC (below 0.3), 7 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.15, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.15 | -0.02 | 0.06 | 66 | Oil & Gas | AGNC vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.15 | -0.02 | 0.08 | 55 | Oil & Gas | AGNC vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.10 | 0.00 | 0.08 | 54 | Leveraged Commodities | AGNC vs UCO | |
| Alpha Architect 1-3 Month Box ETF | -0.03 | 0.06 | 0.05 | 100 | Ultrashort Bond | AGNC vs BOXX | |
| Invesco DB Commodity Index Tracking Fund | -0.03 | 0.07 | 0.12 | 75 | Commodities | AGNC vs DBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGNC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGNC and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.03, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.03 | 0.21 | 0.30 | 69 | Energy | |
| Apache Corporation | -0.03 | 0.13 | 0.23 | 90 | Energy | |
| CrowdStrike Holdings, Inc. | -0.03 | 0.16 | 0.24 | 70 | Technology | |
| Viper Energy Partners LP | -0.03 | 0.10 | 0.19 | 60 | Energy | |
| Altria Group, Inc. | -0.02 | 0.13 | 0.19 | 69 | Consumer Defensive |
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