Looking to diversify beyond ASEA? The ETFs below have the lowest correlation with ASEA — 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 ASEA.
Best Diversifiers for ASEA
322 ETFs have low correlation with ASEA (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.31 | -0.25 | 61 | Leveraged Currency | ASEA vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | ASEA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | ASEA vs IBIC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.15 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | ASEA vs BIL | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | -0.04 | -0.05 | 100 | Government Bonds, Ultrashort Bond | ASEA vs USFR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ASEA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ASEA and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.02, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.02 | 0.11 | 0.17 | 70 | Consumer Defensive | |
| CVS Health Corporation | 0.00 | 0.06 | 0.14 | 85 | Healthcare | |
| Suncor Energy Inc. | 0.02 | 0.16 | 0.26 | 83 | Energy | |
| Enterprise Products Partners L.P. | 0.04 | 0.16 | 0.25 | 82 | Energy | |
| PepsiCo, Inc. | 0.15 | 0.17 | 0.19 | 59 | Consumer Defensive |
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