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
41 ETFs have low correlation with ASML (below 0.3), 8 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.15, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.15 | -0.08 | -0.03 | 100 | Government Bonds, Ultrashort Bond | ASML vs USFR | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.13 | -0.10 | -0.02 | 100 | Government Bonds, Ultrashort Bond | ASML vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.07 | -0.03 | 100 | Ultrashort Bond | ASML vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.08 | -0.03 | 0.07 | 83 | Inflation-Protected Bonds | ASML vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.08 | -0.03 | 0.06 | 85 | Inflation-Protected Bonds | ASML vs STIP |
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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 Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.24, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.24 | -0.08 | 0.08 | 69 | Financial Services | |
| Altria Group, Inc. | -0.24 | -0.13 | -0.03 | 72 | Consumer Defensive | |
| Verizon Communications Inc. | -0.24 | -0.11 | -0.01 | 66 | Communication Services | |
| Duke Energy Corporation | -0.21 | -0.16 | -0.06 | 62 | Utilities | |
| EOG Resources, Inc. | -0.21 | -0.02 | 0.08 | 57 | Energy |
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