Looking to balance out your exposure to ATKR? The ETFs below have the lowest correlation with ATKR — they tend to move on their own, which can help reduce risk when ATKR drops. The stock ideas table highlights individual companies that behave independently from ATKR.
Best Diversifiers for ATKR
0 ETFs have low correlation with ATKR (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 0.56, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.56 | 0.53 | 0.57 | 74 | S&P 500 | ATKR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.56 | 0.53 | 0.57 | 74 | S&P 500 | ATKR vs SPY | |
| Global X US Infrastructure Development ETF | 0.70 | 0.70 | 0.73 | 62 | Utilities Equities | ATKR vs PAVE |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ATKR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATKR and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.01, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.01 | 0.08 | 0.25 | 57 | Financial Services | |
| AbbVie Inc. | 0.05 | 0.07 | 0.11 | 68 | Healthcare | |
| Linde plc | 0.15 | 0.27 | 0.39 | 53 | Basic Materials | |
| Silicon Motion Technology Corporation | 0.24 | 0.28 | 0.31 | 98 | Technology | |
| Apple Inc | 0.24 | 0.25 | 0.34 | 90 | Technology |
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