Looking to balance out your exposure to AGNCL? The ETFs below have historically moved differently from AGNCL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AGNCL
4 ETFs have low correlation with AGNCL (below 0.3), 1 of which are negatively correlated. The least correlated is Virtus Seix Senior Loan ETF (SEIX) (Bank Loan) with a 1Y correlation of -0.00, roughly unchanged from 0.05 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | -0.00 | 0.05 | — | 96 | Bank Loan, High Yield Bonds, Actively Managed | AGNCL vs SEIX | |
| Invesco Senior Loan ETF | 0.07 | 0.11 | — | 61 | Bank Loan | AGNCL vs BKLN | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | 0.10 | 0.21 | — | 81 | S&P 500, Dividend | AGNCL vs SPYD | |
| iShares AAA CLO Active ETF | 0.16 | 0.11 | — | 99 | CLO | AGNCL vs CLOA |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AGNCL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is TORM plc (TRMD) (Energy) with a 1Y correlation of 0.08, roughly unchanged from 0.03 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TORM plc | 0.08 | 0.03 | — | 89 | Energy | |
| ARMOUR Residential REIT, Inc. | 0.15 | 0.21 | — | 66 | Real Estate | |
| Dynex Capital, Inc. | 0.17 | 0.22 | — | 73 | Real Estate | |
| AGNC Investment Corp. | 0.17 | 0.22 | — | 78 | Real Estate |
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