Looking to balance out your exposure to ARES? The ETFs below have the lowest correlation with ARES — they tend to move on their own, which can help reduce risk when ARES drops. The stock ideas table highlights individual companies that behave independently from ARES.
Best Diversifiers for ARES
75 ETFs have low correlation with ARES (below 0.3), 11 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.11, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.11 | 0.04 | 0.10 | 66 | Oil & Gas | ARES vs USO | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | ARES vs USFR | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.07 | 0.03 | 0.09 | 93 | Inflation-Protected Bonds | ARES vs VTIP | |
| Alpha Architect 1-3 Month Box ETF | -0.06 | 0.02 | -0.00 | 100 | Ultrashort Bond | ARES vs BOXX | |
| iShares 0-5 Year TIPS Bond ETF | -0.06 | 0.03 | 0.10 | 93 | Inflation-Protected Bonds | ARES vs STIP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARES, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARES and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.14 | -0.04 | 0.10 | 66 | Consumer Defensive | |
| Altria Group, Inc. | -0.14 | -0.00 | 0.09 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.11 | -0.04 | 0.06 | 53 | Utilities | |
| Johnson & Johnson | -0.09 | -0.07 | 0.06 | 92 | Healthcare | |
| Coca-Cola Consolidated, Inc. | -0.06 | 0.10 | 0.19 | 80 | Consumer Defensive |
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Build a portfolio that complements ARES
Add ARES to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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