Looking to balance out your exposure to ATAT? The ETFs below have historically moved differently from ATAT, 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 ATAT
2 ETFs have low correlation with ATAT (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.20, roughly unchanged from 0.27 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.20 | 0.27 | — | 58 | Nasdaq-100 | ATAT vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.24 | 0.29 | — | 78 | S&P 500 | ATAT vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ATAT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is DT Midstream, Inc. (DTM) (Energy) with a 1Y correlation of -0.05, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| DT Midstream, Inc. | -0.05 | 0.03 | 0.03 | 85 | Energy | |
| Johnson & Johnson | -0.05 | -0.04 | — | 96 | Healthcare | |
| CareTrust REIT, Inc. | -0.05 | -0.01 | 0.01 | 81 | Real Estate | |
| Arch Capital Group Ltd. | -0.00 | 0.00 | — | 65 | Financial Services | |
| W. P. Carey Inc. | -0.00 | 0.06 | 0.08 | 75 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ATAT
Add ATAT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ATAT