Looking to diversify beyond AOM? The ETFs below have historically moved differently from AOM, 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 AOM
266 ETFs have low correlation with AOM (below 0.3), 96 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 52 | Inverse Equities | AOM vs SMST | |
| ProShares Short Bitcoin ETF | -0.45 | -0.31 | — | 61 | Cryptocurrency | AOM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.37 | -0.37 | 55 | Cryptocurrency, Leveraged Cryptocurrency | AOM vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 61 | Inverse Equities, Leveraged Equities | AOM vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 75 | Derivative Income | AOM vs WNTR |
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 AOM, 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 ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.25, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.25 | -0.01 | 0.13 | 72 | Energy | |
| Occidental Petroleum Corporation | -0.24 | 0.03 | 0.15 | 70 | Energy | |
| Devon Energy Corporation | -0.23 | 0.04 | 0.16 | 76 | Energy | |
| Chevron Corporation | -0.22 | 0.01 | 0.13 | 80 | Energy | |
| Exxon Mobil Corporation | -0.21 | 0.00 | 0.12 | 84 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AOM
Add AOM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AOM