Looking to balance out your exposure to AKR? The ETFs below have the lowest correlation with AKR — they tend to move on their own, which can help reduce risk when AKR drops. The stock ideas table highlights individual companies that behave independently from AKR.
Best Diversifiers for AKR
1 ETFs have low correlation with AKR (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 0.23, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.23 | 0.37 | 0.48 | 74 | S&P 500 | AKR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AKR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AKR and solid risk/return profiles. The least correlated is Regency Centers Corporation (REG) (Real Estate) with a 1Y correlation of 0.59, down from 0.77 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Regency Centers Corporation | 0.59 | 0.71 | 0.77 | 63 | Real Estate |
Build a portfolio that complements AKR
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