Looking to balance out your exposure to ADP? The ETFs below have the lowest correlation with ADP — they tend to move on their own, which can help reduce risk when ADP drops. The stock ideas table highlights individual companies that behave independently from ADP.
Best Diversifiers for ADP
261 ETFs have low correlation with ADP (below 0.3), 67 of which are negatively correlated. The least correlated is ProShares Ultra Semiconductors (USD) (Leveraged Equities) with a 1Y correlation of -0.21, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Semiconductors | -0.21 | -0.00 | 0.25 | 90 | Leveraged Equities, Semiconductors | ADP vs USD | |
| Xtrackers Semiconductor Select Equity ETF | -0.18 | — | — | 97 | Semiconductors, Technology Equities | ADP vs CHPS | |
| VanEck Semiconductor ETF | -0.17 | 0.04 | 0.27 | 96 | Semiconductors, Technology Equities | ADP vs SMH | |
| YieldMax NVDA Option Income Strategy ETF | -0.17 | -0.02 | — | 52 | Derivative Income, Options Trading | ADP vs NVDY | |
| iShares Copper and Metals Mining ETF | -0.13 | — | — | 74 | Commodity Producers Equities | ADP vs ICOP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ADP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ADP and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GE Vernova Inc. | -0.25 | — | — | 87 | Utilities | |
| Corning Incorporated | -0.24 | 0.06 | 0.26 | 98 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.24 | -0.04 | 0.15 | 95 | Technology | |
| Lumentum Holdings Inc. | -0.23 | -0.02 | 0.16 | 99 | Technology | |
| Sterling Construction Company, Inc. | -0.23 | -0.00 | 0.16 | 97 | Industrials |
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Build a portfolio that complements ADP
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