Looking to diversify beyond AGZ? The ETFs below have the lowest correlation with AGZ — 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 AGZ.
Best Diversifiers for AGZ
1604 ETFs have low correlation with AGZ (below 0.3), 65 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.49 | -0.51 | 63 | Leveraged Currency | AGZ vs YCS | |
| United States Gasoline Fund LP | -0.38 | -0.22 | -0.15 | 55 | Oil & Gas | AGZ vs UGA | |
| Fidelity Managed Futures ETF | -0.33 | — | — | 64 | Systematic Trend | AGZ vs FFUT | |
| VanEck Commodity Strategy ETF | -0.29 | -0.12 | — | 57 | Commodities | AGZ vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.15 | -0.10 | 75 | Commodities | AGZ vs FAAR |
See all 1950 diversifiers for AGZ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AGZ
Add AGZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGZ