Looking to diversify beyond AVIG? The ETFs below have historically moved differently from AVIG, 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 AVIG
617 ETFs have low correlation with AVIG (below 0.3), 111 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.50 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.47 | -0.50 | 56 | Leveraged Currency | AVIG vs YCS | |
| United States Oil Fund LP | -0.44 | -0.25 | -0.15 | 55 | Oil & Gas | AVIG vs USO | |
| Invesco DB Energy Fund | -0.44 | -0.25 | -0.15 | 72 | Oil & Gas | AVIG vs DBE | |
| United States Brent Oil Fund LP | -0.43 | -0.24 | -0.15 | 52 | Oil & Gas | AVIG vs BNO | |
| Invesco DB Oil Fund | -0.42 | -0.23 | -0.15 | 58 | Oil & Gas | AVIG vs DBO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AVIG
Add AVIG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVIG