Looking to diversify beyond AVGW? The ETFs below have the lowest correlation with AVGW — 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 AVGW.
Best Diversifiers for AVGW
629 ETFs have low correlation with AVGW (below 0.3), 60 of which are negatively correlated. The least correlated is VanEck Energy Income ETF (EINC) (Energy Equities) with a 1Y correlation of -0.13, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Energy Income ETF | -0.13 | -0.13 | -0.13 | 64 | Energy Equities | AVGW vs EINC | |
| WisdomTree US High Dividend Fund | -0.12 | -0.12 | -0.12 | 72 | Large Cap Value Equities, Dividend | AVGW vs DHS | |
| Avantis Inflation Focused Equity ETF | -0.12 | -0.12 | -0.12 | 80 | Large Cap Blend Equities | AVGW vs AVIE | |
| Alerian Energy Infrastructure ETF | -0.12 | -0.12 | -0.12 | 57 | Energy Equities | AVGW vs ENFR | |
| USCF Midstream Energy Income Fund ETF | -0.11 | -0.11 | -0.11 | 62 | Energy Equities | AVGW vs UMI |
See all 1911 diversifiers for AVGW
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