Looking to balance out your exposure to AMBZ? The ETFs below have the lowest correlation with AMBZ — they tend to move on their own, which can help reduce risk when AMBZ drops. The stock ideas table highlights individual companies that behave independently from AMBZ.
Best Diversifiers for AMBZ
2 ETFs have low correlation with AMBZ (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 0.02 | — | — | 98 | Leveraged Equities, Semiconductors | AMBZ vs MUU | |
| Breakwave Tanker Shipping ETF | 0.06 | 0.03 | — | 99 | Commodities | AMBZ vs BWET |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AMBZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AMBZ and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sandisk Corporation | 0.04 | — | — | 100 | Technology |
Diversification Analysis
Build a portfolio that complements AMBZ
Add AMBZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AMBZ