Looking to balance out your exposure to ADI? The ETFs below have the lowest correlation with ADI — they tend to move on their own, which can help reduce risk when ADI drops. The stock ideas table highlights individual companies that behave independently from ADI.
Best Diversifiers for ADI
0 ETFs have low correlation with ADI (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Austria ETF (EWO) (Europe Equities) with a 1Y correlation of 0.34, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Austria ETF | 0.34 | 0.37 | 0.44 | 81 | Europe Equities | ADI vs EWO | |
| Franklin International Low Volatility High Dividen... | 0.38 | 0.41 | 0.44 | 93 | Volatility Hedged Equity, Dividend | ADI vs LVHI | |
| Amplify CWP Enhanced Dividend Income ETF | 0.41 | 0.49 | 0.53 | 60 | Derivative Income | ADI vs DIVO | |
| Schwab U.S. Dividend Equity ETF | 0.42 | 0.48 | 0.55 | 77 | Dividend | ADI vs SCHD | |
| Vanguard Information Technology ETF | 0.45 | 0.61 | 0.69 | 58 | Technology Equities | ADI vs VGT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ADI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ADI and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.13, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.13 | -0.04 | 0.02 | 74 | Consumer Defensive | |
| Ackermans & Van Haaren NV ADR | -0.09 | -0.06 | -0.06 | 94 | Industrials | |
| Chubb Limited | -0.08 | 0.02 | 0.14 | 72 | Financial Services | |
| CF Industries Holdings, Inc. | -0.04 | 0.08 | 0.13 | 51 | Basic Materials | |
| Cboe Global Markets, Inc. | -0.03 | -0.12 | 0.06 | 52 | Financial Services |
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Build a portfolio that complements ADI
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