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Avory Foundational ETF (AVRY) Diversifiers

ETF · Currency in USD · Last updated Jul 12, 2026

The Avory Foundational ETF is an actively managed equity ETF seeking long-term capital appreciation through a concentrated portfolio of U.S.-listed companies. The fund focuses on businesses that Avory believes are foundational to future consumer, enterprise, and market needs, using a disciplined process that evaluates management, market growth, market share, margins, valuation, and margin of safety.

Looking to diversify beyond AVRY? The ETFs below have the lowest correlation with AVRY — 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 AVRY.

Best Diversifiers for AVRY

1 ETFs have low correlation with AVRY (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
NRSH
Aztlan North America Nearshoring Stock Selection E...0.28——
75
Large Cap Blend EquitiesAVRY vs NRSH
ESN
Essential 40 Stock ETF0.50——
85
Large Cap Blend EquitiesAVRY vs ESN
SPTM
SPDR Portfolio S&P 1500 Composite Stock Market ETF0.590.590.59
68
Large Cap Blend EquitiesAVRY vs SPTM

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Diversification Analysis

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Add AVRY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with AVRY