Looking to balance out your exposure to AREC? The ETFs below have the lowest correlation with AREC — they tend to move on their own, which can help reduce risk when AREC drops. The stock ideas table highlights individual companies that behave independently from AREC.
Best Diversifiers for AREC
1 ETFs have low correlation with AREC (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.28, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.28 | 0.20 | 0.27 | 76 | Technology Equities | AREC vs VGT | |
| VanEck Vectors Rare Earth/Strategic Metals ETF | 0.37 | 0.28 | 0.34 | 87 | Materials | AREC vs REMX |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AREC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AREC and solid risk/return profiles. The least correlated is Materion Corporation (MTRN) (Basic Materials) with a 1Y correlation of 0.20, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Materion Corporation | 0.20 | 0.19 | 0.26 | 97 | Basic Materials | |
| Albemarle Corporation | 0.21 | 0.19 | 0.28 | 93 | Basic Materials | |
| Tutor Perini Corporation | 0.22 | 0.17 | 0.21 | 84 | Industrials | |
| SSR Mining Inc. | 0.22 | 0.13 | 0.18 | 86 | Basic Materials | |
| Triple Flag Precious Metals Corp | 0.23 | 0.15 | 0.14 | 58 | Basic Materials |
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