Looking to balance out your exposure to ARIS? The ETFs below have the lowest correlation with ARIS — they tend to move on their own, which can help reduce risk when ARIS drops. The stock ideas table highlights individual companies that behave independently from ARIS.
Best Diversifiers for ARIS
2 ETFs have low correlation with ARIS (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.18, roughly unchanged from 0.19 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.18 | 0.19 | — | 94 | Semiconductors, Technology Equities | ARIS vs SMH | |
| State Street SPDR S&P 500 ETF | 0.27 | 0.26 | — | 59 | S&P 500 | ARIS vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ARIS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARIS and solid risk/return profiles. The least correlated is Vista Oil & Gas, S.A.B. de C.V. (VIST) (Energy) 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 |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | -0.07 | 0.12 | 0.17 | 63 | Energy | |
| Reddit, Inc. | 0.07 | 0.12 | 0.12 | 54 | Communication Services | |
| Ardelyx, Inc. | 0.07 | 0.11 | — | 76 | Healthcare | |
| Eli Lilly and Company | 0.09 | 0.06 | 0.06 | 74 | Healthcare | |
| TG Therapeutics, Inc. | 0.12 | 0.07 | 0.11 | 69 | Healthcare |
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