Looking to diversify beyond AOR? The ETFs below have the lowest correlation with AOR — 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 AOR.
Best Diversifiers for AOR
220 ETFs have low correlation with AOR (below 0.3), 67 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.48 | -0.41 | -0.46 | 51 | Currency | AOR vs UUP | |
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 60 | Inverse Equities | AOR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 68 | Inverse Equities, Leveraged Equities | AOR vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | -0.37 | 57 | Cryptocurrency | AOR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AOR vs SBIT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AOR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AOR and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.17, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.17 | 0.05 | 0.18 | 75 | Energy | |
| Altria Group, Inc. | -0.17 | 0.05 | 0.15 | 81 | Consumer Defensive | |
| Waste Management, Inc. | -0.17 | 0.09 | 0.24 | 53 | Industrials | |
| Chevron Corporation | -0.17 | 0.07 | 0.21 | 70 | Energy | |
| ConocoPhillips Company | -0.16 | 0.05 | 0.18 | 66 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AOR
Add AOR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AOR