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
797 ETFs have low correlation with AVGW (below 0.3), 122 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 70 | Inverse Equities, Leveraged Equities | AVGW vs MSTZ | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.21 | -0.21 | — | 63 | Derivative Income | AVGW vs DOGG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | -0.15 | -0.15 | -0.15 | 65 | S&P 500, Dividend | AVGW vs SPYD | |
| State Street Energy Select Sector SPDR ETF | -0.15 | -0.15 | -0.15 | 59 | Energy Equities | AVGW vs XLE | |
| ProShares Ultra Oil & Gas | -0.14 | -0.14 | -0.14 | 53 | Leveraged Equities | AVGW vs DIG |
See all 2018 diversifiers for AVGW
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AVGW
Add AVGW to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVGW