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
71 ETFs have low correlation with AGNC (below 0.3), 7 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.11, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.11 | 0.02 | 0.10 | 61 | Commodities | AGNC vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.11 | 0.03 | 0.11 | 60 | Commodities | AGNC vs DBC | |
| Vanguard Energy ETF | -0.05 | 0.15 | 0.26 | 56 | Energy Equities | AGNC vs VDE | |
| State Street Energy Select Sector SPDR ETF | -0.04 | 0.15 | 0.25 | 55 | Energy Equities | AGNC vs XLE | |
| iShares Global Energy ETF | -0.04 | 0.16 | 0.26 | 62 | Energy Equities | AGNC vs IXC |
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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 ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.11, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.11 | 0.08 | 0.18 | 68 | Energy | |
| Occidental Petroleum Corporation | -0.10 | 0.08 | 0.19 | 68 | Energy | |
| Apache Corporation | -0.10 | 0.11 | 0.22 | 88 | Energy | |
| Viper Energy Partners LP | -0.09 | 0.07 | 0.17 | 69 | Energy | |
| Sabine Royalty Trust | -0.09 | 0.10 | 0.15 | 67 | Energy |
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