Looking to diversify beyond AVIV? The ETFs below have the lowest correlation with AVIV — 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 AVIV.
Best Diversifiers for AVIV
277 ETFs have low correlation with AVIV (below 0.3), 32 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.59, roughly unchanged from -0.56 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.59 | -0.56 | — | 51 | Currency | AVIV vs UUP | |
| ProShares UltraShort Yen | -0.41 | -0.29 | — | 75 | Leveraged Currency | AVIV vs YCS | |
| ProShares Short Bitcoin ETF | -0.38 | -0.29 | -0.32 | 57 | Cryptocurrency | AVIV vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | — | — | 53 | Inverse Equities | AVIV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | — | — | 60 | Inverse Equities, Leveraged Equities | AVIV vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVIV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVIV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.06, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.06 | 0.12 | 0.20 | 81 | Consumer Defensive | |
| Waste Management, Inc. | -0.06 | 0.12 | 0.21 | 53 | Industrials | |
| ConocoPhillips Company | -0.04 | 0.15 | 0.30 | 66 | Energy | |
| The Coca-Cola Company | -0.03 | 0.12 | 0.23 | 83 | Consumer Defensive | |
| Energy Transfer LP | -0.02 | 0.25 | 0.36 | 84 | Energy |
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