Looking to balance out your exposure to ANZGY? The ETFs below have the lowest correlation with ANZGY — they tend to move on their own, which can help reduce risk when ANZGY drops. The stock ideas table highlights individual companies that behave independently from ANZGY.
Best Diversifiers for ANZGY
0 ETFs have low correlation with ANZGY (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.31, down from 0.42 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.31 | 0.42 | — | 73 | Nasdaq-100 | ANZGY vs QQQ | |
| Vanguard S&P 500 ETF | 0.37 | 0.48 | — | 70 | S&P 500 | ANZGY vs VOO | |
| Vanguard Small-Cap ETF | 0.39 | 0.50 | — | 56 | Small Cap Blend Equities | ANZGY vs VB |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ANZGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ANZGY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.01, down from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.01 | 0.13 | — | 85 | Energy | |
| Fortinet, Inc. | 0.04 | 0.20 | — | 66 | Technology | |
| Applied Digital Corporation | 0.19 | 0.31 | — | 92 | Financial Services | |
| NVIDIA Corporation | 0.20 | 0.28 | — | 78 | Technology | |
| Nova Ltd | 0.24 | 0.27 | — | 92 | Technology |
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