Looking to diversify beyond AOK? The ETFs below have historically moved differently from AOK, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AOK
222 ETFs have low correlation with AOK (below 0.3), 91 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, down from -0.31 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.31 | — | 61 | Cryptocurrency | AOK vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | AOK vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | AOK vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 52 | Inverse Equities | AOK vs SMST | |
| Invesco DB Energy Fund | -0.41 | -0.17 | -0.03 | 72 | Oil & Gas | AOK vs DBE |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AOK, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.07, down from 0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.07 | 0.25 | 0.36 | 61 | Financial Services | |
| Starbucks Corporation | 0.28 | 0.31 | 0.42 | 68 | Consumer Cyclical | |
| Lumentum Holdings Inc. | 0.29 | 0.37 | 0.40 | 98 | Technology | |
| USA Rare Earth, Inc | 0.34 | 0.24 | 0.24 | 55 | Basic Materials | |
| NVIDIA Corporation | 0.38 | 0.37 | 0.45 | 56 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AOK
Add AOK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AOK