Looking to diversify beyond AVRE? The ETFs below have historically moved differently from AVRE, 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 AVRE
1003 ETFs have low correlation with AVRE (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.45, down from -0.34 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.45 | -0.34 | — | 56 | Leveraged Currency | AVRE vs YCS | |
| United States Brent Oil Fund LP | -0.23 | -0.13 | — | 52 | Oil & Gas | AVRE vs BNO | |
| Invesco DB Energy Fund | -0.23 | -0.14 | — | 72 | Oil & Gas | AVRE vs DBE | |
| United States Gasoline Fund LP | -0.22 | -0.12 | — | 87 | Oil & Gas | AVRE vs UGA | |
| United States Oil Fund LP | -0.21 | -0.13 | -0.00 | 55 | Oil & Gas | AVRE vs USO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for AVRE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.03, down from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.03 | 0.06 | 0.25 | 56 | Technology | |
| Rocket Lab USA, Inc. | 0.12 | 0.24 | 0.30 | 62 | Industrials | |
| SharkNinja Inc. | 0.32 | 0.32 | 0.32 | 71 | Consumer Cyclical | |
| Berkshire Hathaway Inc. | 0.33 | 0.43 | 0.50 | 61 | Financial Services | |
| Host Hotels & Resorts, Inc. | 0.49 | 0.51 | 0.53 | 96 | Real Estate |
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