Looking to balance out your exposure to DDD? The ETFs below have historically moved differently from DDD, 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 DDD
1 ETFs have low correlation with DDD (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) (S&P 500) with a 1Y correlation of 0.20, down from 0.41 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Portfolio S&P 500 High Dividend ... | 0.20 | 0.36 | 0.41 | 75 | S&P 500, Dividend | DDD vs SPYD | |
| iShares Emerging Markets Dividend ETF | 0.34 | 0.36 | 0.37 | 64 | Emerging Markets Equities, Dividend | DDD vs DVYE | |
| Vanguard International High Dividend Yield ETF | 0.37 | 0.40 | 0.44 | 88 | Dividend, Foreign Large Cap Equities | DDD vs VYMI | |
| Vanguard Dividend Appreciation ETF | 0.40 | 0.43 | 0.47 | 74 | Dividend | DDD vs VIG | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.41 | 0.39 | — | 60 | Nasdaq-100, Derivative Income | DDD vs JEPQ |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DDD, 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 CleanSpark, Inc. (CLSK) (Financial Services) with a 1Y correlation of 0.43, roughly unchanged from 0.48 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CleanSpark, Inc. | 0.43 | 0.40 | 0.48 | 57 | Financial Services |
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