Looking to diversify beyond AVSD? The ETFs below have the lowest correlation with AVSD — 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 AVSD.
Best Diversifiers for AVSD
219 ETFs have low correlation with AVSD (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, down from -0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.29 | — | 75 | Leveraged Currency | AVSD vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.37 | — | — | 53 | Inverse Equities | AVSD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 60 | Inverse Equities, Leveraged Equities | AVSD vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | — | — | 65 | Derivative Income | AVSD vs WNTR | |
| United States Gasoline Fund LP | -0.31 | -0.11 | — | 72 | Oil & Gas | AVSD vs UGA |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AVSD
Add AVSD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVSD