Looking to diversify beyond ASGM? The ETFs below have the lowest correlation with ASGM — 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 ASGM.
Best Diversifiers for ASGM
0 ETFs have low correlation with ASGM (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY) (Emerging Markets Bonds) with a 1Y correlation of 0.53, roughly unchanged from 0.53 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 0.53 | 0.53 | — | 90 | Emerging Markets Bonds | ASGM vs VEMY | |
| Avantis International Small Cap Value ETF | 0.74 | 0.74 | 0.74 | 78 | Foreign Small & Mid Cap Equities | ASGM vs AVDV | |
| iShares U.S. Thematic Rotation Active ETF | 0.81 | 0.81 | — | 57 | Tactical Allocation | ASGM vs THRO | |
| State Street SPDR S&P 500 ETF | 0.84 | 0.84 | 0.84 | 70 | S&P 500 | ASGM vs SPY | |
| Vanguard S&P 500 ETF | 0.84 | 0.84 | 0.84 | 70 | S&P 500 | ASGM vs VOO |
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