Looking to diversify beyond AVTM? The ETFs below have historically moved differently from AVTM, 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 AVTM
253 ETFs have low correlation with AVTM (below 0.3), 86 of which are negatively correlated. The least correlated is YieldMax MSTR Short Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.59, roughly unchanged from -0.59 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.59 | -0.59 | -0.59 | 75 | Derivative Income | AVTM vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.54 | -0.54 | -0.54 | 53 | Cryptocurrency, Leveraged Cryptocurrency | AVTM vs SBIT | |
| ProShares Short Bitcoin ETF | -0.54 | -0.54 | -0.54 | 61 | Cryptocurrency | AVTM vs BITI | |
| Alpha Architect Tail Risk ETF | -0.49 | -0.49 | -0.49 | 56 | Options Trading | AVTM vs CAOS | |
| Invesco DB Energy Fund | -0.48 | -0.48 | -0.48 | 72 | Oil & Gas | AVTM vs DBE |
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