Looking to diversify beyond ANGL? The ETFs below have the lowest correlation with ANGL — 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 ANGL.
Best Diversifiers for ANGL
163 ETFs have low correlation with ANGL (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.29 | -0.27 | 61 | Leveraged Currency | ANGL vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | ANGL vs RBIL | |
| VanEck Commodity Strategy ETF | -0.20 | 0.00 | — | 55 | Commodities | ANGL vs PIT | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | — | — | 99 | Ultrashort Bond | ANGL vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | -0.02 | -0.02 | 70 | Commodities | ANGL vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ANGL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ANGL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | 0.09 | 0.14 | 70 | Consumer Defensive | |
| The Coca-Cola Company | -0.04 | 0.09 | 0.22 | 74 | Consumer Defensive | |
| Shell plc | 0.02 | 0.16 | 0.20 | 61 | Energy | |
| Johnson & Johnson | 0.09 | 0.13 | 0.20 | 95 | Healthcare | |
| NVIDIA Corporation | 0.26 | 0.31 | 0.44 | 76 | Technology |
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Build a portfolio that complements ANGL
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