Looking to diversify beyond AVIE? The ETFs below have historically moved differently from AVIE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AVIE
1645 ETFs have low correlation with AVIE (below 0.3), 166 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.15, down from 0.06 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.15 | 0.06 | — | 58 | Leveraged Equities, Semiconductors | AVIE vs USD | |
| Alger AI Enablers & Adopters ETF | -0.14 | — | — | 56 | Artificial Intelligence, Technology Equities | AVIE vs ALAI | |
| Columbia Select Technology ETF | -0.12 | 0.14 | — | 58 | Semiconductors, Technology Equities | AVIE vs SEMI | |
| Roundhill Generative AI & Technology ETF | -0.12 | 0.12 | — | 76 | Artificial Intelligence, Technology Equities | AVIE vs CHAT | |
| KraneShares Artificial Intelligence & Technology E... | -0.12 | 0.09 | 0.09 | 53 | Artificial Intelligence, Technology Equities | AVIE vs AGIX |
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