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
26 ETFs have low correlation with ALL (below 0.3), 13 of which are negatively correlated. The least correlated is Invesco NASDAQ 100 ETF (QQQM) (Nasdaq-100) with a 1Y correlation of -0.16, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | -0.16 | -0.02 | 0.13 | 60 | Nasdaq-100 | ALL vs QQQM | |
| Invesco S&P 500 Momentum ETF | -0.11 | 0.06 | 0.24 | 70 | Momentum, S&P 500 | ALL vs SPMO | |
| Global X Copper Miners ETF | -0.10 | -0.01 | 0.13 | 56 | Copper | ALL vs COPX | |
| iShares S&P 100 ETF | -0.07 | 0.06 | 0.23 | 50 | Large Cap Blend Equities | ALL vs OEF | |
| Vanguard Total International Stock ETF | -0.03 | 0.09 | 0.21 | 55 | Global Equities | ALL vs VXUS |
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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 -0.35, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | -0.35 | -0.11 | 0.02 | 96 | Technology | |
| Credo Technology Group Holding Ltd | -0.31 | -0.11 | — | 86 | Technology | |
| Broadcom Inc. | -0.28 | -0.09 | 0.05 | 71 | Technology | |
| Micron Technology, Inc. | -0.26 | -0.08 | 0.05 | 99 | Technology | |
| NVIDIA Corporation | -0.26 | -0.10 | 0.04 | 70 | Technology |
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Build a portfolio that complements ALL
Add ALL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ALL