Looking to diversify beyond AIQ? The ETFs below have the lowest correlation with AIQ — 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 AIQ.
Best Diversifiers for AIQ
430 ETFs have low correlation with AIQ (below 0.3), 81 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.29 | -0.05 | 0.05 | 66 | Oil & Gas | AIQ vs USO | |
| Invesco DB Energy Fund | -0.27 | -0.04 | 0.06 | 71 | Oil & Gas | AIQ vs DBE | |
| United States Brent Oil Fund LP | -0.26 | -0.04 | 0.05 | 65 | Oil & Gas | AIQ vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | AIQ vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.22 | -0.01 | 0.07 | 55 | Oil & Gas | AIQ vs OILK |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AIQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AIQ and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.29, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.29 | -0.18 | -0.08 | 53 | Utilities | |
| Altria Group, Inc. | -0.27 | -0.11 | -0.02 | 69 | Consumer Defensive | |
| The Coca-Cola Company | -0.23 | -0.07 | 0.05 | 66 | Consumer Defensive | |
| Chubb Limited | -0.23 | -0.06 | 0.06 | 51 | Financial Services | |
| Verizon Communications Inc. | -0.18 | -0.07 | -0.00 | 59 | Communication Services |
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