Looking to diversify beyond AIRR? The ETFs below have historically moved differently from AIRR, 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 AIRR
457 ETFs have low correlation with AIRR (below 0.3), 70 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.33 | — | 51 | Cryptocurrency | AIRR vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.33 | -0.35 | -0.35 | 69 | Derivative Income | AIRR vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | — | — | 97 | Inflation-Protected Bonds | AIRR vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | -0.03 | -0.03 | 96 | Inflation-Protected Bonds | AIRR vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | -0.06 | -0.06 | 98 | Inflation-Protected Bonds | AIRR vs IBIC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AIRR, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.23, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.23 | -0.02 | 0.13 | 87 | Consumer Defensive | |
| Altria Group, Inc. | -0.19 | -0.02 | 0.12 | 66 | Consumer Defensive | |
| The Allstate Corporation | -0.19 | 0.09 | 0.25 | 83 | Financial Services | |
| W. R. Berkley Corporation | -0.18 | 0.08 | 0.27 | 53 | Financial Services | |
| Chubb Limited | -0.18 | 0.05 | 0.23 | 87 | Financial Services |
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