Looking to balance out your exposure to ASML? The ETFs below have historically moved differently from ASML, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ASML
70 ETFs have low correlation with ASML (below 0.3), 25 of which are negatively correlated. The least correlated is SPDR S&P Oil & Gas Exploration & Production ETF (XOP) (Energy Equities) with a 1Y correlation of -0.19, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Oil & Gas Exploration & Production ETF | -0.19 | 0.06 | 0.18 | 60 | Energy Equities | ASML vs XOP | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.16 | -0.12 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ASML vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.16 | -0.08 | -0.04 | 100 | Ultrashort Bond | ASML vs SGOV | |
| State Street Energy Select Sector SPDR ETF | -0.16 | 0.03 | 0.13 | 75 | Energy Equities | ASML vs XLE | |
| WisdomTree Floating Rate Treasury Fund | -0.16 | -0.09 | -0.04 | 100 | Government Bonds, Ultrashort Bond | ASML vs USFR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ASML, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Arch Capital Group Ltd. (ACGL) (Financial Services) with a 1Y correlation of -0.35, down from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Arch Capital Group Ltd. | -0.35 | -0.14 | 0.03 | 65 | Financial Services | |
| The Allstate Corporation | -0.33 | -0.11 | 0.02 | 83 | Financial Services | |
| Altria Group, Inc. | -0.33 | -0.19 | -0.07 | 66 | Consumer Defensive | |
| Chubb Limited | -0.33 | -0.12 | 0.05 | 87 | Financial Services | |
| W. R. Berkley Corporation | -0.28 | -0.12 | 0.02 | 53 | Financial Services |
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