Looking to balance out your exposure to ALLY? The ETFs below have the lowest correlation with ALLY — they tend to move on their own, which can help reduce risk when ALLY drops. The stock ideas table highlights individual companies that behave independently from ALLY.
Best Diversifiers for ALLY
0 ETFs have low correlation with ALLY (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 0.37, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.37 | 0.51 | 0.59 | 80 | Dividend | ALLY vs SCHD | |
| First Trust NASDAQ Global Auto Index Fund | 0.37 | 0.43 | 0.52 | 95 | Consumer Discretionary Equities | ALLY vs CARZ | |
| Vanguard Information Technology ETF | 0.37 | 0.40 | 0.48 | 76 | Technology Equities | ALLY vs VGT | |
| iShares Core S&P 500 ETF | 0.49 | 0.47 | 0.54 | 70 | S&P 500 | ALLY vs IVV | |
| Vanguard S&P 500 ETF | 0.52 | 0.52 | 0.60 | 70 | S&P 500 | ALLY vs VOO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ALLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ALLY and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.08, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.08 | 0.01 | 0.14 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.06 | 0.06 | 0.10 | 92 | Healthcare | |
| Walmart Inc. | -0.03 | 0.04 | 0.14 | 63 | Consumer Defensive | |
| PepsiCo, Inc. | -0.00 | 0.06 | 0.11 | 56 | Consumer Defensive | |
| Chevron Corporation | 0.02 | 0.22 | 0.29 | 83 | Energy |
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