Looking to diversify beyond AVGB? The ETFs below have the lowest correlation with AVGB — 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 AVGB.
Best Diversifiers for AVGB
544 ETFs have low correlation with AVGB (below 0.3), 73 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.48 | — | — | 72 | Oil & Gas | AVGB vs UGA | |
| ProShares UltraShort Yen | -0.46 | — | — | 75 | Leveraged Currency | AVGB vs YCS | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.40 | — | — | 51 | Commodities | AVGB vs PDBC | |
| Fidelity Managed Futures ETF | -0.36 | — | — | 66 | Systematic Trend | AVGB vs FFUT | |
| United States Commodity Index Fund | -0.33 | — | — | 65 | Commodities | AVGB vs USCI |
See all 2059 diversifiers for AVGB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AVGB
Add AVGB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVGB