Looking to diversify beyond AVIG? The ETFs below have the lowest correlation with AVIG — 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 AVIG.
Best Diversifiers for AVIG
537 ETFs have low correlation with AVIG (below 0.3), 45 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.52, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.52 | -0.47 | -0.51 | 61 | Leveraged Currency | AVIG vs YCS | |
| Fidelity Managed Futures ETF | -0.32 | — | — | 64 | Systematic Trend | AVIG vs FFUT | |
| VanEck Commodity Strategy ETF | -0.28 | -0.11 | — | 55 | Commodities | AVIG vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.11 | -0.10 | 70 | Commodities | AVIG vs FAAR | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.24 | -0.14 | -0.14 | 50 | Commodities | AVIG vs CERY |
See all 2076 diversifiers for AVIG
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Diversification Analysis
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