Looking to balance out your exposure to AQNB? The ETFs below have the lowest correlation with AQNB — they tend to move on their own, which can help reduce risk when AQNB drops. The stock ideas table highlights individual companies that behave independently from AQNB.
Best Diversifiers for AQNB
1 ETFs have low correlation with AQNB (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.06, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.06 | 0.05 | 0.15 | 64 | Nasdaq-100 | AQNB vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AQNB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AQNB and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.04, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.04 | 0.09 | 0.10 | 80 | Energy |
Build a portfolio that complements AQNB
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