Looking to diversify beyond AVGV? The ETFs below have the lowest correlation with AVGV — 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 AVGV.
Best Diversifiers for AVGV
343 ETFs have low correlation with AVGV (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | — | — | 71 | Oil & Gas | AVGV vs DBE | |
| ProShares UltraShort Yen | -0.26 | — | — | 61 | Leveraged Currency | AVGV vs YCS | |
| United States Oil Fund LP | -0.25 | — | — | 66 | Oil & Gas | AVGV vs USO | |
| United States Brent Oil Fund LP | -0.24 | 0.05 | 0.05 | 65 | Oil & Gas | AVGV vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.24 | — | — | 56 | Derivative Income | AVGV vs USOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVGV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVGV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.10 | 0.10 | 69 | Consumer Defensive | |
| Duke Energy Corporation | 0.00 | 0.10 | 0.10 | 53 | Utilities | |
| The Coca-Cola Company | 0.00 | 0.11 | 0.11 | 66 | Consumer Defensive | |
| Exxon Mobil Corporation | 0.02 | 0.27 | 0.27 | 85 | Energy | |
| ConocoPhillips Company | 0.04 | 0.27 | 0.27 | 76 | Energy |
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