Looking to balance out your exposure to ASML? The ETFs below have the lowest correlation with ASML — they tend to move on their own, which can help reduce risk when ASML drops. The stock ideas table highlights individual companies that behave independently from ASML.
Best Diversifiers for ASML
63 ETFs have low correlation with ASML (below 0.3), 22 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.27, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.27 | -0.22 | -0.30 | 51 | Currency | ASML vs UUP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.17 | -0.12 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ASML vs BIL | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.08 | -0.03 | 100 | Government Bonds, Ultrashort Bond | ASML vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.08 | -0.04 | 100 | Ultrashort Bond | ASML vs SGOV | |
| State Street Energy Select Sector SPDR ETF | -0.13 | 0.03 | 0.14 | 50 | Energy Equities | ASML vs XLE |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ASML, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ASML and solid risk/return profiles. The least correlated is W. R. Berkley Corporation (WRB) (Financial Services) with a 1Y correlation of -0.34, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| W. R. Berkley Corporation | -0.34 | -0.12 | 0.04 | 59 | Financial Services | |
| Waste Management, Inc. | -0.32 | -0.09 | 0.08 | 53 | Industrials | |
| Arch Capital Group Ltd. | -0.32 | -0.11 | 0.04 | 68 | Financial Services | |
| The Allstate Corporation | -0.31 | -0.11 | 0.03 | 84 | Financial Services | |
| Altria Group, Inc. | -0.31 | -0.17 | -0.05 | 81 | Consumer Defensive |
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