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
1 ETFs have low correlation with ADI (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Silver Trust (SLV) (Silver) with a 1Y correlation of 0.23, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Silver Trust | 0.24 | 0.21 | 0.21 | 51 | Silver, Precious Metals | ADI vs SLV | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | 0.32 | 0.38 | — | 52 | Gold | ADI vs GDE | |
| iShares MSCI Austria ETF | 0.32 | 0.36 | 0.43 | 69 | Europe Equities | ADI vs EWO | |
| Franklin International Low Volatility High Dividen... | 0.38 | 0.41 | 0.44 | 91 | Volatility Hedged Equity, Dividend | ADI vs LVHI | |
| Schwab U.S. Dividend Equity ETF | 0.43 | 0.48 | 0.55 | 85 | Dividend | ADI vs SCHD |
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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 -0.16, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.16 | -0.03 | 0.03 | 73 | Consumer Defensive | |
| Chubb Limited | -0.07 | 0.03 | 0.15 | 57 | Financial Services | |
| Ackermans & Van Haaren NV ADR | -0.04 | -0.06 | -0.06 | 94 | Industrials | |
| Cardinal Health, Inc. | -0.04 | 0.04 | 0.13 | 73 | Healthcare | |
| Northrop Grumman Corporation | -0.04 | -0.04 | 0.05 | 54 | Industrials |
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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