Looking to balance out your exposure to AKAM? The ETFs below have the lowest correlation with AKAM — they tend to move on their own, which can help reduce risk when AKAM drops. The stock ideas table highlights individual companies that behave independently from AKAM.
Best Diversifiers for AKAM
3 ETFs have low correlation with AKAM (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Clean Energy ETF (ICLN) (Alternative Energy Equities) with a 1Y correlation of 0.25, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Clean Energy ETF | 0.25 | 0.31 | 0.37 | 87 | Alternative Energy Equities | AKAM vs ICLN | |
| ARK Autonomous Technology & Robotics ETF | 0.29 | 0.41 | 0.48 | 62 | Technology Equities, Robotics | AKAM vs ARKQ | |
| VanEck Semiconductor ETF | 0.30 | 0.37 | 0.44 | 96 | Semiconductors, Technology Equities | AKAM vs SMH | |
| Roundhill Generative AI & Technology ETF | 0.31 | 0.39 | 0.40 | 94 | Technology Equities | AKAM vs CHAT | |
| Spear Alpha ETF | 0.31 | 0.40 | 0.48 | 71 | Technology Equities | AKAM vs SPRX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AKAM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AKAM and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.06, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.06 | 0.07 | 0.12 | 85 | Energy | |
| Cboe Global Markets, Inc. | -0.03 | -0.03 | 0.13 | 68 | Financial Services | |
| Chevron Corporation | -0.03 | 0.09 | 0.14 | 83 | Energy | |
| AppLovin Corporation | -0.02 | 0.14 | 0.28 | 59 | Technology | |
| The Coca-Cola Company | -0.02 | 0.07 | 0.19 | 66 | Consumer Defensive |
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