Looking to diversify beyond AVIE? The ETFs below have the lowest correlation with AVIE — 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 AVIE.
Best Diversifiers for AVIE
1445 ETFs have low correlation with AVIE (below 0.3), 125 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.16, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.16 | -0.14 | -0.20 | 51 | Currency | AVIE vs UUP | |
| ProShares UltraShort Yen | -0.15 | -0.05 | — | 72 | Leveraged Currency | AVIE vs YCS | |
| ProShares Ultra Semiconductors | -0.15 | 0.06 | — | 70 | Leveraged Equities, Semiconductors | AVIE vs USD | |
| Alger AI Enablers & Adopters ETF | -0.14 | — | — | 62 | Technology Equities | AVIE vs ALAI | |
| ProShares Short Bitcoin ETF | -0.14 | -0.16 | -0.19 | 57 | Cryptocurrency | AVIE vs BITI |
See all 2060 diversifiers for AVIE
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