Looking to balance out your exposure to ATR? The ETFs below have the lowest correlation with ATR — they tend to move on their own, which can help reduce risk when ATR drops. The stock ideas table highlights individual companies that behave independently from ATR.
No Diversifiers Found for ATR
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ATR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATR and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of 0.06, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | 0.06 | 0.14 | 0.20 | 83 | Energy | |
| Elbit Systems Ltd | 0.06 | 0.13 | 0.17 | 88 | Industrials | |
| Eaton Corporation plc | 0.08 | 0.30 | 0.40 | 67 | Industrials | |
| Enterprise Products Partners L.P. | 0.12 | 0.22 | 0.27 | 85 | Energy | |
| Apple Inc | 0.15 | 0.21 | 0.30 | 89 | Technology |
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