Looking to diversify beyond AVGU? The ETFs below have the lowest correlation with AVGU — 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 AVGU.
Best Diversifiers for AVGU
0 ETFs have low correlation with AVGU (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 2X Long ARM Daily ETF (ARMG) (Leveraged Equities) with a 1Y correlation of 0.43, roughly unchanged from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long ARM Daily ETF | 0.43 | 0.43 | 0.43 | 84 | Leveraged Equities | AVGU vs ARMG | |
| GraniteShares 2x Long MU Daily ETF | 0.44 | 0.44 | — | 99 | Leveraged Equities | AVGU vs MULL | |
| Direxion Daily South Korea Bull 3X Shares | 0.45 | 0.45 | 0.45 | 97 | Leveraged Equities | AVGU vs KORU | |
| Leverage Shares 2X Long AMD Daily ETF | 0.51 | 0.51 | 0.51 | 96 | Leveraged Equities | AVGU vs AMDG | |
| Innovator Growth Accelerated Plus ETF - April | 0.53 | 0.53 | 0.53 | 98 | Leveraged Equities | AVGU vs QTAP |
See all 6 diversifiers for AVGU
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