Looking to balance out your exposure to AVVIY? The ETFs below have the lowest correlation with AVVIY — they tend to move on their own, which can help reduce risk when AVVIY drops. The stock ideas table highlights individual companies that behave independently from AVVIY.
Best Diversifiers for AVVIY
0 ETFs have low correlation with AVVIY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.48, roughly unchanged from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.48 | 0.40 | 0.45 | 70 | S&P 500 | AVVIY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AVVIY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AVVIY and solid risk/return profiles. The least correlated is Sunoco LP (SUN) (Energy) with a 1Y correlation of -0.02, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sunoco LP | -0.02 | 0.15 | 0.22 | 76 | Energy | |
| ALLETE, Inc. | 0.12 | 0.24 | 0.24 | 75 | Utilities | |
| Sempra Energy | 0.17 | 0.25 | 0.28 | 67 | Utilities | |
| Apple Inc | 0.18 | 0.17 | 0.27 | 89 | Technology | |
| Innovative Industrial Properties, Inc. | 0.24 | 0.28 | 0.27 | 56 | Real Estate |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AVVIY
Add AVVIY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AVVIY