Looking to balance out your exposure to ARGX? The ETFs below have the lowest correlation with ARGX — they tend to move on their own, which can help reduce risk when ARGX drops. The stock ideas table highlights individual companies that behave independently from ARGX.
Best Diversifiers for ARGX
14 ETFs have low correlation with ARGX (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard Energy ETF (VDE) (Energy Equities) with a 1Y correlation of -0.20, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Energy ETF | -0.20 | -0.04 | 0.01 | 71 | Energy Equities | ARGX vs VDE | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.03 | 0.00 | 100 | Ultrashort Bond | ARGX vs SGOV | |
| Schwab U.S. Dividend Equity ETF | 0.03 | 0.15 | 0.18 | 85 | Dividend | ARGX vs SCHD | |
| Avantis US Small Cap Value ETF | 0.09 | 0.14 | 0.18 | 75 | Small Cap Value Equities | ARGX vs AVUV | |
| VanEck Semiconductor ETF | 0.15 | 0.18 | 0.24 | 96 | Semiconductors, Technology Equities | ARGX vs SMH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARGX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARGX and solid risk/return profiles. The least correlated is Permian Resources Corporation (PR) (Energy) with a 1Y correlation of -0.14, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Permian Resources Corporation | -0.14 | -0.02 | 0.03 | 82 | Energy | |
| Murphy USA Inc. | -0.12 | 0.07 | 0.09 | 64 | Consumer Cyclical | |
| First Solar, Inc. | 0.02 | 0.11 | 0.18 | 81 | Technology | |
| UnitedHealth Group Incorporated | 0.04 | 0.07 | 0.12 | 66 | Healthcare | |
| Old Dominion Freight Line, Inc. | 0.05 | 0.15 | 0.17 | 75 | Industrials |
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Build a portfolio that complements ARGX
Add ARGX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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