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
301 ETFs have low correlation with AVGV (below 0.3), 38 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.43 | -0.37 | — | 51 | Currency | AVGV vs UUP | |
| ProShares Short Bitcoin ETF | -0.41 | -0.35 | -0.35 | 57 | Cryptocurrency | AVGV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AVGV vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 68 | Inverse Equities, Leveraged Equities | AVGV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | -0.40 | -0.40 | 60 | Inverse Equities | AVGV vs SMST |
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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 -0.09, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.09 | 0.09 | 0.09 | 81 | Consumer Defensive | |
| Waste Management, Inc. | -0.07 | 0.11 | 0.11 | 53 | Industrials | |
| The Coca-Cola Company | -0.04 | 0.11 | 0.11 | 83 | Consumer Defensive | |
| Duke Energy Corporation | -0.04 | 0.09 | 0.09 | 66 | Utilities | |
| Chubb Limited | -0.02 | 0.16 | 0.16 | 86 | Financial Services |
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