Looking to balance out your exposure to AMSF? The ETFs below have the lowest correlation with AMSF — they tend to move on their own, which can help reduce risk when AMSF drops. The stock ideas table highlights individual companies that behave independently from AMSF.
Best Diversifiers for AMSF
2 ETFs have low correlation with AMSF (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.10, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.10 | 0.16 | 0.27 | 74 | S&P 500 | AMSF vs VOO | |
| State Street SPDR S&P 500 ETF | 0.10 | 0.16 | 0.27 | 74 | S&P 500 | AMSF vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.38 | 0.40 | 0.46 | 85 | Dividend | AMSF vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AMSF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AMSF and solid risk/return profiles. The least correlated is Community Bank System, Inc. (CBU) (Financial Services) with a 1Y correlation of 0.44, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Community Bank System, Inc. | 0.44 | 0.44 | 0.49 | 61 | Financial Services | |
| American Financial Group, Inc. | 0.49 | 0.49 | 0.51 | 54 | Financial Services |
Build a portfolio that complements AMSF
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