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.
No Diversifiers Found for ATLX
We do not have enough correlation history to rank diversifiers for this symbol yet.
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 Ardelyx, Inc. (ARDX) (Healthcare) with a 1Y correlation of 0.03, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ardelyx, Inc. | 0.03 | 0.11 | 0.07 | 53 | Healthcare | |
| Blue Bird Corporation | 0.14 | 0.17 | 0.13 | 88 | Consumer Cyclical | |
| Franklin Resources, Inc. | 0.14 | 0.16 | 0.13 | 82 | Financial Services | |
| Ascendis Pharma A/S | 0.15 | 0.11 | 0.07 | 81 | Healthcare | |
| Fortinet, Inc. | 0.16 | 0.14 | 0.09 | 76 | Technology |
To view more results, upgrade your current subscription plan.
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