Looking to balance out your exposure to AVD? The ETFs below have the lowest correlation with AVD — they tend to move on their own, which can help reduce risk when AVD drops. The stock ideas table highlights individual companies that behave independently from AVD.
Best Diversifiers for AVD
6 ETFs have low correlation with AVD (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 Growth ETF (VOOG) (S&P 500) with a 1Y correlation of 0.18, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 Growth ETF | 0.18 | 0.19 | 0.26 | 58 | S&P 500, Large Cap Growth Equities | AVD vs VOOG | |
| State Street SPDR S&P 500 ETF | 0.23 | 0.26 | 0.33 | 70 | S&P 500 | AVD vs SPY | |
| Vanguard S&P 500 ETF | 0.25 | 0.26 | 0.33 | 70 | S&P 500 | AVD vs VOO | |
| Vanguard Total Stock Market ETF | 0.27 | 0.29 | 0.35 | 68 | Large Cap Blend Equities | AVD vs VTI | |
| Capital Group Dividend Value ETF | 0.28 | 0.30 | — | 76 | Large Cap Value Equities, Dividend | AVD vs CGDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVD and solid risk/return profiles. The least correlated is Pfizer Inc. (PFE) (Healthcare) with a 1Y correlation of 0.16, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pfizer Inc. | 0.16 | 0.17 | 0.17 | 61 | Healthcare |
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