Looking to balance out your exposure to AKA? The ETFs below have the lowest correlation with AKA — they tend to move on their own, which can help reduce risk when AKA drops. The stock ideas table highlights individual companies that behave independently from AKA.
Best Diversifiers for AKA
1 ETFs have low correlation with AKA (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.20, roughly unchanged from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.20 | 0.20 | — | 70 | S&P 500 | AKA vs SPY |
Diversification Analysis
Build a portfolio that complements AKA
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