Looking to diversify beyond AVDS? The ETFs below have the lowest correlation with AVDS — 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 AVDS.
Best Diversifiers for AVDS
261 ETFs have low correlation with AVDS (below 0.3), 33 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | — | — | 75 | Leveraged Currency | AVDS vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 53 | Inverse Equities | AVDS vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 60 | Inverse Equities, Leveraged Equities | AVDS vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 65 | Derivative Income | AVDS vs WNTR | |
| United States Gasoline Fund LP | -0.22 | — | — | 72 | Oil & Gas | AVDS vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVDS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVDS and solid risk/return profiles. The least correlated is Sprott Physical Gold Trust (PHYS) (Financial Services) with a 1Y correlation of 0.55, up from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sprott Physical Gold Trust | 0.55 | 0.44 | 0.44 | 65 | Financial Services |
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