Looking to balance out your exposure to AOSL? The ETFs below have the lowest correlation with AOSL — they tend to move on their own, which can help reduce risk when AOSL drops. The stock ideas table highlights individual companies that behave independently from AOSL.
Best Diversifiers for AOSL
0 ETFs have low correlation with AOSL (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.55, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.55 | 0.53 | 0.59 | 70 | S&P 500 | AOSL vs VOO | |
| VanEck Semiconductor ETF | 0.63 | 0.59 | 0.68 | 96 | Semiconductors, Technology Equities | AOSL vs SMH |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AOSL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AOSL and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.33, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.33 | 0.37 | 0.52 | 78 | Technology | |
| Arm Holdings plc American Depositary Shares | 0.47 | — | — | 92 | Technology | |
| ASE Technology Holding Co., Ltd. | 0.53 | 0.52 | 0.58 | 99 | Technology | |
| Allegro MicroSystems, Inc. | 0.59 | 0.54 | 0.60 | 81 | Technology | |
| Kulicke and Soffa Industries, Inc. | 0.61 | 0.58 | 0.62 | 98 | Technology |
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