Looking to diversify beyond AVMU? The ETFs below have the lowest correlation with AVMU — 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 AVMU.
Best Diversifiers for AVMU
1859 ETFs have low correlation with AVMU (below 0.3), 109 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.13 | -0.10 | 71 | Oil & Gas | AVMU vs DBE | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | -0.22 | -0.18 | -0.18 | 62 | Leveraged Equities | AVMU vs NRGU | |
| Strive U.S. Energy ETF | -0.22 | -0.10 | -0.08 | 55 | Energy Equities | AVMU vs DRLL | |
| First Trust Nasdaq Oil & Gas ETF | -0.22 | -0.09 | -0.09 | 51 | Energy Equities | AVMU vs FTXN | |
| United States Gasoline Fund LP | -0.22 | -0.11 | -0.07 | 71 | Oil & Gas | AVMU vs UGA |
See all 2191 diversifiers for AVMU
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