Looking to balance out your exposure to ATAT? The ETFs below have the lowest correlation with ATAT — they tend to move on their own, which can help reduce risk when ATAT drops. The stock ideas table highlights individual companies that behave independently from ATAT.
Best Diversifiers for ATAT
0 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 0.32, roughly unchanged from 0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.32 | 0.32 | — | 73 | Nasdaq-100 | ATAT vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.33 | 0.32 | — | 70 | S&P 500 | ATAT vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ATAT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATAT and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.06, roughly unchanged from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.06 | -0.05 | — | 92 | Healthcare | |
| CareTrust REIT, Inc. | -0.04 | -0.00 | — | 82 | Real Estate | |
| DT Midstream, Inc. | -0.04 | 0.06 | — | 83 | Energy | |
| W. P. Carey Inc. | -0.02 | 0.08 | — | 79 | Real Estate | |
| Ackermans & Van Haaren NV ADR | 0.00 | — | — | 94 | Industrials |
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