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Looking to balance out your exposure to ARR? The ETFs below have the lowest correlation with ARR — they tend to move on their own, which can help reduce risk when ARR drops. The stock ideas table highlights individual companies that behave independently from ARR.

Best Diversifiers for ARR

3 ETFs have low correlation with ARR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.26, down from 0.39 over 5 years.


See all 14 diversifiers for ARR

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ARR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ARR and solid risk/return profiles. The least correlated is FLEX LNG Ltd (FLNG) (Energy) with a 1Y correlation of -0.02, down from 0.15 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
FLEX LNG Ltd-0.020.110.15
92
Energy
Nordex SE-0.01-0.000.01
93
Industrials
Enterprise Products Partners L.P.0.020.200.29
87
Energy
Kingboard Chemical Holdings Ltd ADR0.030.02-0.01
93
Industrials
Select Energy Services, Inc.0.060.160.22
95
Energy
See all 39 low-correlation stocks for ARR

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Diversification Analysis

Build a portfolio that complements ARR

Add ARR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with ARR