Looking to diversify beyond ASMG? The ETFs below have historically moved differently from ASMG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ASMG
632 ETFs have low correlation with ASMG (below 0.3), 133 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.30 | — | — | 61 | Cryptocurrency | ASMG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.30 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | ASMG vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.27 | — | — | 52 | Inverse Equities | ASMG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 61 | Inverse Equities, Leveraged Equities | ASMG vs MSTZ | |
| iShares U.S. Insurance ETF | -0.27 | — | — | 53 | Financials Equities | ASMG vs IAK |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ASMG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 0.41 | — | — | 92 | Communication Services | |
| Sandisk Corporation | 0.44 | 0.44 | 0.44 | 100 | Technology | |
| ASML Holding N.V. | 1.00 | — | — | 96 | Technology |
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