Looking to diversify beyond AGQ? The ETFs below have the lowest correlation with AGQ — 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 AGQ.
Best Diversifiers for AGQ
1057 ETFs have low correlation with AGQ (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.14, up from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.14 | -0.17 | -0.26 | 63 | Leveraged Currency | AGQ vs YCS | |
| Roundhill Weekly T-Bill ETF | -0.10 | — | — | 99 | Ultrashort Bond | AGQ vs WEEK | |
| BlackRock Floating Rate Loan ETF | -0.09 | -0.00 | — | 50 | Bank Loan | AGQ vs BRLN | |
| TCW AAA CLO ETF | -0.09 | — | — | 99 | CLO | AGQ vs ACLO | |
| United States Gasoline Fund LP | -0.09 | 0.06 | 0.11 | 55 | Oil & Gas | AGQ vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AGQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AGQ and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.05, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.05 | 0.07 | 0.16 | 85 | Energy | |
| Chubb Limited | -0.04 | -0.05 | 0.01 | 69 | Financial Services | |
| Altria Group, Inc. | -0.04 | -0.01 | 0.05 | 72 | Consumer Defensive | |
| The Coca-Cola Company | -0.03 | -0.00 | 0.06 | 74 | Consumer Defensive | |
| Verizon Communications Inc. | -0.01 | 0.02 | 0.08 | 66 | Communication Services |
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