Looking to diversify beyond ASTX? The ETFs below have the lowest correlation with ASTX — 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 ASTX.
Best Diversifiers for ASTX
712 ETFs have low correlation with ASTX (below 0.3), 52 of which are negatively correlated. The least correlated is State Street My2026 Municipal Bond ETF (MYMF) (Municipal Bonds) with a 1Y correlation of -0.16, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street My2026 Municipal Bond ETF | -0.16 | -0.16 | -0.16 | 96 | Municipal Bonds | ASTX vs MYMF | |
| SGI Enhanced Core ETF | -0.10 | -0.10 | -0.10 | 95 | Intermediate Core Bond | ASTX vs USDX | |
| TCW AAA CLO ETF | -0.09 | -0.09 | -0.09 | 99 | CLO | ASTX vs ACLO | |
| iShares Treasury Floating Rate Bond ETF | -0.06 | -0.06 | -0.06 | 100 | Government Bonds, Ultrashort Bond | ASTX vs TFLO | |
| Texas Capital Government Money Market ETF | -0.06 | -0.06 | -0.06 | 100 | Money Market | ASTX vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ASTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ASTX and solid risk/return profiles. The least correlated is AST SpaceMobile, Inc. (ASTS) (Technology) with a 1Y correlation of 1.00, roughly unchanged from 1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AST SpaceMobile, Inc. | 1.00 | 1.00 | 1.00 | 64 | Technology |
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