Looking to balance out your exposure to AVB? The ETFs below have the lowest correlation with AVB — they tend to move on their own, which can help reduce risk when AVB drops. The stock ideas table highlights individual companies that behave independently from AVB.
Best Diversifiers for AVB
6 ETFs have low correlation with AVB (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI USA Quality GARP ETF (GARP) (Large Cap Growth Equities) with a 1Y correlation of 0.08, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI USA Quality GARP ETF | 0.08 | 0.19 | 0.33 | 68 | Large Cap Growth Equities | AVB vs GARP | |
| ProShares UltraPro QQQ | 0.09 | 0.19 | 0.32 | 71 | Leveraged Equities | AVB vs TQQQ | |
| Vanguard S&P 500 ETF | 0.21 | 0.34 | 0.45 | 70 | S&P 500 | AVB vs VOO | |
| Vanguard Total Stock Market ETF | 0.23 | 0.36 | 0.45 | 68 | Large Cap Blend Equities | AVB vs VTI | |
| iShares 1-3 Year Treasury Bond ETF | 0.25 | 0.19 | 0.18 | 79 | Government Bonds, Short-Term Bond | AVB vs SHY |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVB and solid risk/return profiles. The least correlated is Baidu, Inc. (BIDU) (Communication Services) with a 1Y correlation of -0.04, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Baidu, Inc. | -0.04 | 0.09 | 0.10 | 72 | Communication Services | |
| NVIDIA Corporation | -0.03 | 0.00 | 0.15 | 78 | Technology | |
| CapitaLand Investment Limited | 0.10 | 0.04 | — | 57 | Real Estate | |
| UOL Group Ltd ADR | 0.11 | 0.17 | 0.16 | 89 | Real Estate | |
| Amazon.com, Inc | 0.12 | 0.13 | 0.23 | 60 | Consumer Cyclical |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AVB
Add AVB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVB