Looking to balance out your exposure to ANGPY? The ETFs below have the lowest correlation with ANGPY — they tend to move on their own, which can help reduce risk when ANGPY drops. The stock ideas table highlights individual companies that behave independently from ANGPY.
Best Diversifiers for ANGPY
0 ETFs have low correlation with ANGPY (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 0.36, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.36 | 0.28 | 0.30 | 70 | S&P 500 | ANGPY vs VOO | |
| Global X Artificial Intelligence & Technology ETF | 0.40 | 0.32 | 0.32 | 81 | Technology Equities | ANGPY vs AIQ | |
| VanEck Vectors Rare Earth/Strategic Metals ETF | 0.44 | 0.42 | 0.42 | 87 | Materials | ANGPY vs REMX |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ANGPY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ANGPY and solid risk/return profiles. The least correlated is Mitsui Engineering & Shipbuilding Co Ltd ADR (MIESY) (Industrials) with a 1Y correlation of -0.06, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Mitsui Engineering & Shipbuilding Co Ltd ADR | -0.06 | -0.05 | -0.02 | 87 | Industrials | |
| Kinder Morgan, Inc. | 0.06 | 0.14 | 0.23 | 60 | Energy | |
| Capricor Therapeutics, Inc. | 0.10 | 0.06 | 0.07 | 79 | Healthcare | |
| ProKidney Corp. | 0.15 | 0.16 | — | 76 | Healthcare | |
| Jade Biosciences, Inc | 0.16 | 0.15 | — | 83 | Healthcare |
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