Looking to balance out your exposure to AUTL? The ETFs below have the lowest correlation with AUTL — they tend to move on their own, which can help reduce risk when AUTL drops. The stock ideas table highlights individual companies that behave independently from AUTL.
Best Diversifiers for AUTL
2 ETFs have low correlation with AUTL (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Variable Rate Investment Grade ETF (VRIG) (Ultrashort Bond) with a 1Y correlation of 0.16, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Variable Rate Investment Grade ETF | 0.16 | 0.11 | 0.08 | 99 | Ultrashort Bond | AUTL vs VRIG | |
| Invesco S&P 500 Momentum ETF | 0.22 | 0.22 | 0.22 | 70 | Momentum, S&P 500 | AUTL vs SPMO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AUTL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AUTL and solid risk/return profiles. The least correlated is Marvell Technology, Inc. (MRVL) (Technology) with a 1Y correlation of 0.12, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marvell Technology, Inc. | 0.12 | 0.16 | 0.18 | 96 | Technology | |
| United Therapeutics Corporation | 0.14 | 0.12 | 0.11 | 94 | Healthcare | |
| Datadog, Inc. | 0.20 | 0.17 | 0.18 | 74 | Technology | |
| Nebius Group N.V. | 0.23 | — | — | 96 | Communication Services | |
| Krystal Biotech, Inc. | 0.24 | 0.31 | 0.32 | 96 | Healthcare |
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