Looking to diversify beyond AMYY? The ETFs below have the lowest correlation with AMYY — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from AMYY.
Best Diversifiers for AMYY
494 ETFs have low correlation with AMYY (below 0.3), 60 of which are negatively correlated. The least correlated is SGI Enhanced Core ETF (USDX) (Intermediate Core Bond) with a 1Y correlation of -0.07, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SGI Enhanced Core ETF | -0.07 | -0.07 | -0.07 | 96 | Intermediate Core Bond | AMYY vs USDX | |
| Global X MLP & Energy Infrastructure ETF | -0.07 | -0.07 | -0.07 | 69 | MLPs | AMYY vs MLPX | |
| iShares 0-5 Year TIPS Bond ETF | -0.07 | -0.07 | -0.07 | 92 | Inflation-Protected Bonds | AMYY vs STIP | |
| Invesco SteelPath MLP & Energy Infrastructure ETF | -0.07 | -0.07 | -0.07 | 83 | Energy Equities | AMYY vs PIPE | |
| ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP In... | -0.07 | -0.07 | -0.07 | 51 | Leveraged Equities | AMYY vs MLPR |
See all 1759 diversifiers for AMYY
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