Looking to balance out your exposure to ARCO? The ETFs below have the lowest correlation with ARCO — they tend to move on their own, which can help reduce risk when ARCO drops. The stock ideas table highlights individual companies that behave independently from ARCO.
Best Diversifiers for ARCO
0 ETFs have low correlation with ARCO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.43, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.43 | 0.38 | 0.39 | 70 | S&P 500 | ARCO vs VOO | |
| State Street SPDR S&P 500 ETF | 0.43 | 0.38 | 0.39 | 70 | S&P 500 | ARCO vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARCO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARCO and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.02, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.02 | 0.10 | 0.18 | 85 | Energy | |
| Pfizer Inc. | 0.19 | 0.19 | 0.16 | 61 | Healthcare | |
| Starbucks Corporation | 0.28 | 0.23 | 0.27 | 54 | Consumer Cyclical | |
| American Eagle Outfitters, Inc. | 0.32 | 0.29 | 0.29 | 69 | Consumer Cyclical | |
| Caterpillar Inc. | 0.34 | 0.31 | 0.33 | 98 | Industrials |
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