Looking to diversify beyond AZTD? The ETFs below have the lowest correlation with AZTD — 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 AZTD.
Best Diversifiers for AZTD
347 ETFs have low correlation with AZTD (below 0.3), 73 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from -0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.07 | — | 71 | Oil & Gas | AZTD vs DBE | |
| United States Oil Fund LP | -0.30 | -0.04 | 0.04 | 66 | Oil & Gas | AZTD vs USO | |
| United States Brent Oil Fund LP | -0.29 | -0.04 | — | 65 | Oil & Gas | AZTD vs BNO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | -0.22 | -0.22 | 98 | Inflation-Protected Bonds | AZTD vs RBIL | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.26 | -0.01 | 0.07 | 55 | Oil & Gas | AZTD vs OILK |
See all 2116 diversifiers for AZTD
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