Looking to diversify beyond AOA? The ETFs below have the lowest correlation with AOA — 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 AOA.
Best Diversifiers for AOA
224 ETFs have low correlation with AOA (below 0.3), 32 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.16 | -0.14 | 63 | Leveraged Currency | AOA vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.06 | 0.08 | 55 | Oil & Gas | AOA vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | AOA vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | AOA vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | AOA vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AOA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AOA and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.17 | 0.05 | 0.16 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.16 | 0.08 | 0.21 | 74 | Energy | |
| ConocoPhillips Company | -0.14 | 0.08 | 0.21 | 65 | Energy | |
| Chevron Corporation | -0.14 | 0.09 | 0.22 | 70 | Energy | |
| The Coca-Cola Company | -0.12 | 0.07 | 0.22 | 74 | Consumer Defensive |
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Build a portfolio that complements AOA
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