Looking to balance out your exposure to AGNCL? The ETFs below have the lowest correlation with AGNCL — they tend to move on their own, which can help reduce risk when AGNCL drops. The stock ideas table highlights individual companies that behave independently from AGNCL.
Best Diversifiers for AGNCL
2 ETFs have low correlation with AGNCL (below 0.3), 0 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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 0.00 | 0.05 | — | 93 | Bank Loan | AGNCL vs SEIX | |
| BlackRock AAA CLO ETF | 0.12 | 0.10 | — | 99 | CLO | AGNCL vs CLOA |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGNCL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGNCL and solid risk/return profiles. The least correlated is TORM plc (TRMD) (Energy) with a 1Y correlation of 0.08, roughly unchanged from 0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| TORM plc | 0.08 | 0.04 | — | 88 | Energy | |
| ARMOUR Residential REIT, Inc. | 0.13 | 0.22 | — | 67 | Real Estate | |
| Dynex Capital, Inc. | 0.16 | 0.23 | — | 74 | Real Estate | |
| AGNC Investment Corp. | 0.16 | 0.22 | — | 76 | Real Estate |
Build a portfolio that complements AGNCL
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