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
4 ETFs have low correlation with AKAM (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.28, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.28 | 0.37 | 0.44 | 94 | Semiconductors, Technology Equities | AKAM vs SMH | |
| iShares Global Clean Energy ETF | 0.28 | 0.33 | 0.38 | 70 | Alternative Energy Equities | AKAM vs ICLN | |
| Spear Alpha ETF | 0.29 | 0.40 | — | 64 | Technology Equities | AKAM vs SPRX | |
| Roundhill Generative AI & Technology ETF | 0.29 | 0.40 | — | 89 | Technology Equities | AKAM vs CHAT | |
| Invesco QQQ ETF | 0.33 | 0.43 | 0.53 | 59 | Nasdaq-100 | AKAM vs QQQ |
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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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.07 | 0.05 | 0.17 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.04 | 0.07 | 0.11 | 74 | Energy | |
| Cboe Global Markets, Inc. | -0.03 | -0.03 | 0.13 | 52 | Financial Services | |
| The Allstate Corporation | -0.01 | 0.08 | 0.16 | 70 | Financial Services | |
| PepsiCo, Inc. | -0.00 | 0.13 | 0.21 | 59 | Consumer Defensive |
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