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
289 ETFs have low correlation with ASCI (below 0.3), 38 of which are negatively correlated. The least correlated is DoubleLine Commodity Strategy ETF (DCMT) (Commodities) with a 1Y correlation of -0.24, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Commodity Strategy ETF | -0.24 | -0.24 | -0.24 | 52 | Commodities | ASCI vs DCMT | |
| iShares U.S. Energy ETF | -0.23 | -0.23 | -0.23 | 60 | Energy Equities | ASCI vs IYE | |
| Invesco DB Commodity Index Tracking Fund | -0.21 | -0.21 | -0.21 | 56 | Commodities | ASCI vs DBC | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.20 | -0.20 | -0.20 | 57 | Commodities | ASCI vs PDBC | |
| iShares Global Energy ETF | -0.19 | -0.19 | -0.19 | 65 | Energy Equities | ASCI vs IXC |
See all 2012 diversifiers for ASCI
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Diversification Analysis
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