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Looking to diversify beyond AMZY? The ETFs below have the lowest correlation with AMZY — 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 AMZY.

Best Diversifiers for AMZY

596 ETFs have low correlation with AMZY (below 0.3), 63 of which are negatively correlated.


See all 2078 diversifiers for AMZY

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from AMZY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AMZY and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.22, down from -0.10 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.22-0.10-0.10
70
Consumer Defensive
Enterprise Products Partners L.P.-0.110.030.03
82
Energy
Kimbell Royalty Partners, LP-0.10
55
Energy
Valero Energy Corporation-0.08
90
Energy
Energy Transfer LP-0.06
67
Energy
See all 21 low-correlation stocks for AMZY

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Diversification Analysis

Build a portfolio that complements AMZY

Add AMZY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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