Skip to main content

Want a detailed portfolio tracker?

46 Stocks and 54 ETFs for diversifying American Financial Group (AFG)

The least correlated asset to American Financial Group (AFG) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.6898.

Stocks that lowly correlated with AFG

SymbolName
Market cap
SectorIndustry
Correlation
VINON/A$1.32MReal EstateReal Estate - Diversified-0.66
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.66
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.59
MCRPMicropolis Holding Company$42MTechnologyComputer Hardware-0.58
FACTFACT II Acquisition Corp - Class A$197MFinancialsInvestment Holding Companies-0.56
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.55
VOYGVoyager Technologies Inc - Class A$1.55BIndustrialsAerospace & Defense-0.54
TAVIUTavia Acquisition Corp - Units (1 Ord Shs & 1 Rts)$123MFinancial ServicesShell Companies-0.52
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.51
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.51
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.49
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.49
LCCCULakeshore Acquisition III Corp - Units (1 Ord Shs & 1 Rts)$21MFinancial ServicesShell Companies-0.49
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.49
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.48
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.47
CHPGChampionsGate Acquisition Corp - Class A$78MFinancial ServicesShell Companies-0.46
TBNTamboran Resources Corp$774MEnergyOil & Gas E&p-0.46
MSIFMSC Income Fund Inc$515MFinancial ServicesAsset Management-0.46
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.45
BEAGRBold Eagle Acquisition Corp Right$1.50MN/AN/A-0.45
KFIIK&F Growth Acquisition Corp II$314MFinancial ServicesShell Companies-0.45
WYTCWytec International Inc$14MCommunications EquipmentInformation Technology-0.44
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.43
TE-WST1 Energy Inc Wt Exp$19MN/AN/A-0.43
DYCQRDT Cloud Acquisition Corp$474KN/AN/A-0.43
POLEUAndretti Acquisition Corp II - Units (1 Ord Class A & 1/2 War)$223MFinancial ServicesShell Companies-0.43
DRDBURoman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War)$244MFinancial ServicesShell Companies-0.43
NAMMNamib Minerals.$87MBasic MaterialsGold-0.43
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.43
RCTRedCloud Holdings PLC$14MTechnologySoftware - Application-0.42
JFBJFB Construction Holdings$63MReal EstateReal Estate - Development-0.42
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.42
CUBLionheart Holdings - Class A$248MFinancial ServicesShell Companies-0.42
CGCTCartesian Growth Corporation III Class A Ordinary Shares$283MFinancial ServicesShell Companies-0.42
AIROAIRO Group Holdings Inc$212MIndustrialsAerospace & Defense-0.41
GPATUGP-Act III Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$69MFinancial ServicesShell Companies-0.41
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.41
VEEAVeea Inc$9.93MTechnologyInformation Technology Services-0.41
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.41
IBIOiBio Inc$58MHealthcareBiotechnology-0.40
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.40
BEAGBold Eagle Acquisition Corp$276MFinancial ServicesShell Companies-0.39
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.39
SAROStandardAero Inc$9.15BIndustrialsAerospace & Defense-0.39
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.39

ETFs that lowly correlated with AFG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.69
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.66
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.65
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.64
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.64
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.63
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.62
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.60
ASTXTradr 2X Long ASTS Daily ETF$602MN/AJul 10, 2025-0.60
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.59
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.58
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.58
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.58
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.56
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.56
OILDBank of Montreal$53MN/ANov 8, 2021-0.56
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.55
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.54
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.53
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.53
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.52
SMCXDEFIANCE DAILY TARGET 2X LONG SMCI ETF $154MN/AAug 21, 2024-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.51
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.51
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.50
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.49
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.49
SMCLGRANITESHARES 2X LONG SMCI DAILY ETF $39MN/ADec 10, 2024-0.47
SMCYYIELDMAX(R) SMCI OPTION INCOME STRATEGY ETF $111M1.01%Sep 11, 2024-0.46
SAPHSAP SE ADRHEDGED $287K0.19%Jan 6, 2025-0.46
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.45
TEXXHORIZON KINETICS TEXAS ETF $2.90M0.85%Jan 21, 2026-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.44
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.42
QQLVInvesco QQQ Low Volatility ETF$1.90M0.25%Dec 4, 2024-0.41
LRCUTradr 2X Long LRCX Daily ETF$79MN/AAug 18, 2025-0.41
PLTUT-REX 2X LONG PLTR DAILY TARGET ETF$384MN/ADec 10, 2024-0.40
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.39
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.39
DGLOFIRST TRUST RBA DEGLOBALIZATION ETF $3.60M0.70%Aug 5, 2025-0.39