Looking to diversify beyond AVGE? The ETFs below have the lowest correlation with AVGE — 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 AVGE.
Best Diversifiers for AVGE
281 ETFs have low correlation with AVGE (below 0.3), 37 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 59 | Inverse Equities, Leveraged Equities | AVGE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.44 | -0.44 | 52 | Inverse Equities | AVGE vs SMST | |
| Invesco DB US Dollar Index Bullish Fund | -0.43 | -0.36 | — | 50 | Currency | AVGE vs UUP | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 65 | Derivative Income | AVGE vs WNTR | |
| ProShares UltraShort Yen | -0.25 | -0.13 | — | 78 | Leveraged Currency | AVGE vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVGE and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.18, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.18 | 0.05 | 0.14 | 80 | Consumer Defensive | |
| The Coca-Cola Company | -0.11 | 0.09 | 0.18 | 82 | Consumer Defensive | |
| Duke Energy Corporation | -0.11 | 0.06 | 0.14 | 64 | Utilities | |
| Exxon Mobil Corporation | -0.07 | 0.19 | 0.29 | 71 | Energy | |
| Chubb Limited | -0.07 | 0.14 | 0.21 | 83 | Financial Services |
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