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 Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.31, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.31 | 0.45 | 0.53 | 83 | Dividend | ADI vs SCHD | |
| Global X Adaptive U.S. Factor ETF | 0.31 | 0.47 | 0.50 | 50 | Mid Cap Value Equities, Multi-factor | ADI vs AUSF | |
| Franklin International Low Volatility High Dividen... | 0.34 | 0.39 | 0.43 | 95 | Volatility Hedged Equity, Dividend | ADI vs LVHI | |
| iShares MSCI Europe Financials ETF | 0.34 | 0.38 | 0.45 | 55 | Financials Equities | ADI vs EUFN | |
| iShares MSCI Austria ETF | 0.36 | 0.37 | 0.44 | 83 | Europe Equities | ADI vs EWO |
To view more results, upgrade your current subscription plan.
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 Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.16, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.16 | -0.01 | 0.12 | 83 | Financial Services | |
| Altria Group, Inc. | -0.16 | -0.05 | 0.02 | 78 | Consumer Defensive | |
| Ackermans & Van Haaren NV ADR | -0.08 | — | — | 95 | Industrials | |
| WEC Energy Group, Inc. | -0.08 | -0.00 | 0.07 | 67 | Utilities | |
| The Coca-Cola Company | -0.07 | 0.03 | 0.13 | 82 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ADI
Add ADI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ADI