Looking to balance out your exposure to ATLC? The ETFs below have the lowest correlation with ATLC — they tend to move on their own, which can help reduce risk when ATLC drops. The stock ideas table highlights individual companies that behave independently from ATLC.
Best Diversifiers for ATLC
1 ETFs have low correlation with ATLC (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.02, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.02 | -0.02 | -0.00 | 100 | Ultrashort Bond | ATLC vs SGOV | |
| Vanguard S&P 500 ETF | 0.47 | 0.47 | 0.52 | 70 | S&P 500 | ATLC vs VOO | |
| State Street SPDR S&P 500 ETF | 0.47 | 0.47 | 0.52 | 70 | S&P 500 | ATLC vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ATLC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATLC and solid risk/return profiles. The least correlated is Duke Energy Corporation (DUK) (Utilities) with a 1Y correlation of -0.16, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Duke Energy Corporation | -0.16 | -0.06 | 0.01 | 53 | Utilities | |
| Altria Group, Inc. | -0.09 | -0.01 | 0.08 | 69 | Consumer Defensive | |
| Verizon Communications Inc. | -0.01 | 0.02 | 0.07 | 59 | Communication Services | |
| Adaro Energy Tbk PT ADR | 0.01 | 0.02 | 0.02 | 56 | Energy | |
| Coca-Cola Consolidated, Inc. | 0.06 | 0.16 | 0.21 | 80 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ATLC
Add ATLC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ATLC