Looking to balance out your exposure to ATEN? The ETFs below have historically moved differently from ATEN, 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 ATEN
0 ETFs have low correlation with ATEN (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.42, roughly unchanged from 0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.42 | 0.43 | 0.50 | 78 | S&P 500 | ATEN vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ATEN, 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 Frontline Ltd. (FRO) (Industrials) with a 1Y correlation of 0.01, roughly unchanged from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Frontline Ltd. | 0.01 | 0.06 | 0.10 | 96 | Industrials | |
| General Electric Company | 0.03 | 0.19 | 0.26 | 76 | Industrials | |
| Hasbro, Inc. | 0.06 | 0.20 | 0.27 | 69 | Consumer Cyclical | |
| JPMorgan Chase & Co. | 0.11 | 0.23 | 0.29 | 73 | Financial Services | |
| Bank of America Corporation | 0.13 | 0.26 | 0.30 | 85 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ATEN
Add ATEN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ATEN