Looking to diversify beyond ASCI? The ETFs below have the lowest correlation with ASCI — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ASCI.
Best Diversifiers for ASCI
260 ETFs have low correlation with ASCI (below 0.3), 32 of which are negatively correlated. The least correlated is TCW AAA CLO ETF (ACLO) (CLO) with a 1Y correlation of -0.13, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW AAA CLO ETF | -0.13 | -0.13 | -0.13 | 99 | CLO | ASCI vs ACLO | |
| Westwood Salient Enhanced Midstream Income ETF | -0.10 | -0.10 | -0.10 | 55 | Energy Equities | ASCI vs MDST | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.09 | -0.09 | -0.09 | 55 | Commodities | ASCI vs FTGC | |
| Alerian Energy Infrastructure ETF | -0.08 | -0.08 | -0.08 | 57 | Energy Equities | ASCI vs ENFR | |
| Direxion Daily NFLX Bear 1X Shares | -0.07 | -0.07 | -0.07 | 55 | Inverse Equities | ASCI vs NFXS |
See all 1921 diversifiers for ASCI
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