Looking to balance out your exposure to ALLT? The ETFs below have the lowest correlation with ALLT — they tend to move on their own, which can help reduce risk when ALLT drops. The stock ideas table highlights individual companies that behave independently from ALLT.
No Diversifiers Found for ALLT
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ALLT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ALLT and solid risk/return profiles. The least correlated is Atour Lifestyle Holdings Limited (ATAT) (Consumer Cyclical) with a 1Y correlation of 0.15, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Atour Lifestyle Holdings Limited | 0.15 | 0.12 | 0.11 | 53 | Consumer Cyclical | |
| NVIDIA Corporation | 0.22 | 0.21 | 0.27 | 78 | Technology | |
| Graham Corporation | 0.25 | 0.23 | 0.18 | 93 | Industrials | |
| ASML Holding N.V. | 0.25 | 0.24 | 0.27 | 94 | Technology | |
| Tesla, Inc. | 0.26 | 0.21 | 0.25 | 55 | Consumer Cyclical |
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