Looking to balance out your exposure to ASB? The ETFs below have the lowest correlation with ASB — they tend to move on their own, which can help reduce risk when ASB drops. The stock ideas table highlights individual companies that behave independently from ASB.
Best Diversifiers for ASB
0 ETFs have low correlation with ASB (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.49, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.49 | 0.48 | 0.52 | 74 | S&P 500 | ASB vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.52 | 0.59 | 0.63 | 85 | Dividend | ASB vs SCHD |
Diversification Analysis
Build a portfolio that complements ASB
Add ASB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ASB