Looking to diversify beyond AVDE? The ETFs below have the lowest correlation with AVDE — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from AVDE.
Best Diversifiers for AVDE
223 ETFs have low correlation with AVDE (below 0.3), 27 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.44, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.44 | -0.31 | -0.24 | 61 | Leveraged Currency | AVDE vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | — | — | 97 | Inflation-Protected Bonds | AVDE vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | AVDE vs IBIC | |
| TCW AAA CLO ETF | -0.16 | — | — | 99 | CLO | AVDE vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | 0.02 | 0.02 | 99 | Ultrashort Bond | AVDE vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVDE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVDE and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.09, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.09 | 0.11 | 0.25 | 61 | Energy | |
| Altria Group, Inc. | -0.08 | 0.11 | 0.21 | 70 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.07 | 0.13 | 0.26 | 68 | Energy | |
| Chevron Corporation | -0.06 | 0.13 | 0.27 | 68 | Energy | |
| The Coca-Cola Company | -0.04 | 0.12 | 0.25 | 74 | Consumer Defensive |
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