Looking to balance out your exposure to ALL? The ETFs below have the lowest correlation with ALL — they tend to move on their own, which can help reduce risk when ALL drops. The stock ideas table highlights individual companies that behave independently from ALL.
Best Diversifiers for ALL
34 ETFs have low correlation with ALL (below 0.3), 24 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | -0.31 | — | — | 94 | Derivative Income, Semiconductors | ALL vs CHPY | |
| Invesco NASDAQ 100 ETF | -0.25 | -0.05 | 0.12 | 60 | Nasdaq-100 | ALL vs QQQM | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.24 | -0.04 | — | 67 | Nasdaq-100, Derivative Income | ALL vs JEPQ | |
| Invesco S&P 500 Momentum ETF | -0.23 | 0.02 | 0.22 | 60 | Momentum, S&P 500 | ALL vs SPMO | |
| Global X Copper Miners ETF | -0.14 | -0.03 | 0.12 | 61 | Copper | ALL vs COPX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ALL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ALL and solid risk/return profiles. The least correlated is Advanced Micro Devices, Inc. (AMD) (Technology) with a 1Y correlation of -0.39, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | -0.39 | -0.13 | 0.01 | 96 | Technology | |
| Credo Technology Group Holding Ltd | -0.37 | -0.14 | -0.03 | 81 | Technology | |
| Broadcom Inc. | -0.34 | -0.11 | 0.04 | 71 | Technology | |
| ASML Holding N.V. | -0.32 | -0.11 | 0.03 | 95 | Technology | |
| Micron Technology, Inc. | -0.31 | -0.11 | 0.03 | 99 | Technology |
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Build a portfolio that complements ALL
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