Looking to balance out your exposure to ATEN? The ETFs below have the lowest correlation with ATEN — they tend to move on their own, which can help reduce risk when ATEN drops. The stock ideas table highlights individual companies that behave independently from ATEN.
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 0.43, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.43 | 0.43 | 0.50 | 70 | S&P 500 | ATEN vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ATEN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATEN and solid risk/return profiles. The least correlated is Frontline Ltd. (FRO) (Energy) with a 1Y correlation of 0.00, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Frontline Ltd. | 0.00 | 0.09 | 0.11 | 89 | Energy | |
| General Electric Company | 0.03 | 0.20 | 0.27 | 65 | Industrials | |
| Bloom Energy Corporation | 0.08 | 0.25 | 0.30 | 99 | Industrials | |
| Oklo Inc. | 0.08 | 0.16 | — | 52 | Utilities | |
| IonQ, Inc. | 0.13 | 0.24 | 0.31 | 64 | Technology |
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