Looking to diversify beyond AGNG? The ETFs below have the lowest correlation with AGNG — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from AGNG.
Best Diversifiers for AGNG
694 ETFs have low correlation with AGNG (below 0.3), 44 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.44, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.44 | -0.44 | -0.44 | 99 | Leveraged Equities, Semiconductors | AGNG vs MUU | |
| ProShares UltraShort Yen | -0.34 | -0.25 | -0.20 | 75 | Leveraged Currency | AGNG vs YCS | |
| United States Gasoline Fund LP | -0.32 | -0.17 | -0.04 | 72 | Oil & Gas | AGNG vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.23 | -0.07 | 0.04 | 51 | Commodities | AGNG vs PDBC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | AGNG vs RBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGNG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGNG and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.39, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.39 | 0.45 | 0.47 | 92 | Real Estate | |
| Eli Lilly and Company | 0.54 | 0.47 | 0.47 | 80 | Healthcare |
Build a portfolio that complements AGNG
Add AGNG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGNG