Looking to balance out your exposure to ADBE? The ETFs below have historically moved differently from ADBE, 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 ADBE
276 ETFs have low correlation with ADBE (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco PHLX Semiconductor ETF (SOXQ) (Semiconductors) with a 1Y correlation of -0.22, down from 0.43 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco PHLX Semiconductor ETF | -0.22 | 0.20 | 0.43 | 88 | Semiconductors, Technology Equities | ADBE vs SOXQ | |
| ProShares Ultra Semiconductors | -0.21 | 0.20 | 0.44 | 57 | Leveraged Equities, Semiconductors | ADBE vs USD | |
| Direxion Daily MU Bull 2X Shares | -0.21 | — | — | 98 | Leveraged Equities, Semiconductors | ADBE vs MUU | |
| iShares Semiconductor ETF | -0.21 | 0.20 | 0.43 | 89 | Semiconductors, Technology Equities | ADBE vs SOXX | |
| Direxion Daily Semiconductor Bull 3X ETF | -0.21 | 0.20 | 0.43 | 90 | Leveraged Equities, Semiconductors | ADBE vs SOXL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ADBE, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Comfort Systems USA, Inc. (FIX) (Industrials) with a 1Y correlation of -0.32, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Comfort Systems USA, Inc. | -0.32 | 0.03 | 0.19 | 95 | Industrials | |
| Quanta Services, Inc. | -0.32 | 0.04 | 0.22 | 87 | Industrials | |
| Eaton Corporation plc | -0.32 | 0.11 | 0.28 | 67 | Industrials | |
| GE Vernova Inc. | -0.31 | — | — | 77 | Industrials | |
| Powell Industries, Inc. | -0.30 | 0.03 | 0.11 | 92 | Industrials |
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