Looking to balance out your exposure to AGNCM? The ETFs below have historically moved differently from AGNCM, 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 AGNCM
13 ETFs have low correlation with AGNCM (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Treasury ETF (VGSH) (Government Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Treasury ETF | 0.09 | 0.13 | 0.13 | 85 | Government Bonds, Short-Term Bond | AGNCM vs VGSH | |
| Janus Henderson AAA CLO ETF | 0.11 | 0.13 | 0.10 | 99 | CLO | AGNCM vs JAAA | |
| State Street Technology Select Sector SPDR ETF | 0.12 | 0.09 | 0.18 | 61 | Technology Equities | AGNCM vs XLK | |
| Vanguard Short-Term Corporate Bond ETF | 0.13 | 0.20 | 0.22 | 68 | Corporate Bonds | AGNCM vs VCSH | |
| Invesco Active U.S. Real Estate Fund | 0.14 | 0.19 | 0.24 | 54 | REIT | AGNCM vs PSR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AGNCM, 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 Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of 0.00, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | 0.00 | 0.08 | 0.10 | 63 | Communication Services | |
| Broadcom Inc. | 0.05 | 0.03 | 0.10 | 69 | Technology | |
| Tanger Factory Outlet Centers, Inc. | 0.05 | 0.13 | 0.16 | 88 | Real Estate | |
| Visa Inc. | 0.06 | 0.09 | 0.15 | 54 | Financial Services | |
| Kinder Morgan, Inc. | 0.06 | 0.12 | 0.16 | 67 | Energy |
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