Looking to diversify beyond AVLV? The ETFs below have the lowest correlation with AVLV — 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 AVLV.
Best Diversifiers for AVLV
365 ETFs have low correlation with AVLV (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.38, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | -0.34 | -0.36 | 53 | Cryptocurrency | AVLV vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | -0.37 | — | 65 | Inverse Equities, Leveraged Equities | AVLV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | -0.37 | -0.37 | 56 | Inverse Equities | AVLV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.33 | — | — | 70 | Derivative Income | AVLV vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.20 | — | — | 54 | Multistrategy | AVLV vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVLV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVLV and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | 0.10 | 0.22 | 78 | Consumer Defensive | |
| Duke Energy Corporation | -0.04 | 0.10 | 0.15 | 65 | Utilities | |
| The Coca-Cola Company | -0.03 | 0.13 | 0.25 | 82 | Consumer Defensive | |
| Colgate-Palmolive Company | -0.00 | 0.09 | 0.14 | 50 | Consumer Defensive | |
| Chubb Limited | 0.00 | 0.21 | 0.35 | 83 | Financial Services |
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