Looking to balance out your exposure to ASST? The ETFs below have the lowest correlation with ASST — they tend to move on their own, which can help reduce risk when ASST drops. The stock ideas table highlights individual companies that behave independently from ASST.
Best Diversifiers for ASST
1 ETFs have low correlation with ASST (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.29, up from 0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.29 | 0.15 | — | 96 | Semiconductors, Technology Equities | ASST vs SMH | |
| Invesco NASDAQ 100 ETF | 0.31 | 0.15 | — | 74 | Nasdaq-100 | ASST vs QQQM | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | 0.31 | 0.15 | 0.15 | 81 | Nasdaq-100, Dividend | ASST vs GPIQ | |
| Vanguard S&P 500 ETF | 0.32 | 0.16 | — | 70 | S&P 500 | ASST vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ASST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ASST and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.12, roughly unchanged from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.12 | -0.04 | — | 63 | Consumer Defensive | |
| Coca-Cola Consolidated, Inc. | -0.10 | -0.04 | — | 80 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.04 | -0.03 | — | 85 | Energy | |
| Capricor Therapeutics, Inc. | 0.06 | 0.01 | 0.02 | 79 | Healthcare | |
| uniQure N.V. | 0.08 | 0.06 | 0.08 | 71 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ASST
Add ASST to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ASST