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
688 ETFs have low correlation with AVGW (below 0.3), 94 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.18 | -0.18 | -0.18 | 66 | Oil & Gas | AVGW vs USO | |
| United States Brent Oil Fund LP | -0.17 | -0.17 | -0.17 | 65 | Oil & Gas | AVGW vs BNO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | -0.15 | -0.15 | 98 | Inflation-Protected Bonds | AVGW vs RBIL | |
| iShares Core High Dividend ETF | -0.13 | -0.13 | -0.13 | 64 | Dividend, Large Cap Value Equities | AVGW vs HDV | |
| Strive U.S. Energy ETF | -0.13 | -0.13 | -0.13 | 55 | Energy Equities | AVGW vs DRLL |
See all 2082 diversifiers for AVGW
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