Looking to balance out your exposure to ATLX? The ETFs below have the lowest correlation with ATLX — they tend to move on their own, which can help reduce risk when ATLX drops. The stock ideas table highlights individual companies that behave independently from ATLX.
Best Diversifiers for ATLX
0 ETFs have low correlation with ATLX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ishares Lithium Miners And Producers ETF | 0.53 | — | — | 88 | Energy Equities | ATLX vs ILIT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ATLX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATLX and solid risk/return profiles. The least correlated is Fortinet, Inc. (FTNT) (Technology) with a 1Y correlation of 0.11, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fortinet, Inc. | 0.11 | 0.11 | 0.09 | 66 | Technology | |
| NVIDIA Corporation | 0.20 | 0.15 | 0.11 | 78 | Technology | |
| Ouster, Inc. | 0.25 | 0.25 | 0.17 | 86 | Technology | |
| Lithium Americas Corp. | 0.54 | — | — | 71 | Basic Materials |
Build a portfolio that complements ATLX
Add ATLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ATLX