Looking to balance out your exposure to ALL? The ETFs below have historically moved differently from ALL, 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 ALL
36 ETFs have low correlation with ALL (below 0.3), 29 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | -0.34 | — | — | 89 | Derivative Income, Semiconductors | ALL vs CHPY | |
| Invesco NASDAQ 100 ETF | -0.31 | -0.07 | 0.10 | 56 | Nasdaq-100 | ALL vs QQQM | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.27 | -0.05 | — | 60 | Nasdaq-100, Derivative Income | ALL vs JEPQ | |
| Invesco S&P 500 Momentum ETF | -0.26 | 0.00 | 0.20 | 50 | Momentum, S&P 500 | ALL vs SPMO | |
| Global X Copper Miners ETF | -0.21 | -0.04 | 0.10 | 74 | Copper | ALL vs COPX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ALL, 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 Advanced Micro Devices, Inc. (AMD) (Technology) with a 1Y correlation of -0.42, down from -0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | -0.42 | -0.14 | -0.01 | 94 | Technology | |
| Credo Technology Group Holding Ltd | -0.36 | -0.13 | -0.04 | 76 | Technology | |
| Broadcom Inc. | -0.34 | -0.12 | 0.03 | 69 | Technology | |
| Coherent Corp. | -0.33 | -0.11 | 0.04 | 92 | Technology | |
| ASML Holding N.V. | -0.33 | -0.11 | 0.02 | 96 | Technology |
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