Looking to balance out your exposure to DELL? The ETFs below have the lowest correlation with DELL — they tend to move on their own, which can help reduce risk when DELL drops. The stock ideas table highlights individual companies that behave independently from DELL.
Best Diversifiers for DELL
103 ETFs have low correlation with DELL (below 0.3), 16 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.15, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.15 | 0.01 | 0.22 | 81 | Dividend, Large Cap Value Equities | DELL vs HDV | |
| WisdomTree Floating Rate Treasury Fund | -0.13 | -0.04 | -0.02 | 100 | Government Bonds, Ultrashort Bond | DELL vs USFR | |
| Franklin U.S. Low Volatility High Dividend Index E... | -0.12 | -0.02 | 0.18 | 53 | Dividend | DELL vs LVHD | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.07 | -0.02 | 100 | Ultrashort Bond | DELL vs SGOV | |
| iShares 0-1 Year Treasury Bond ETF | -0.09 | -0.09 | -0.04 | 100 | Government Bonds, Ultrashort Bond | DELL vs SHV |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DELL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DELL and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.27, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.27 | -0.15 | 0.02 | 81 | Consumer Defensive | |
| Altria Group, Inc. | -0.25 | -0.16 | 0.01 | 77 | Consumer Defensive | |
| Coca-Cola Consolidated, Inc. | -0.25 | 0.00 | 0.10 | 85 | Consumer Defensive | |
| Chubb Limited | -0.24 | -0.08 | 0.10 | 81 | Financial Services | |
| Duke Energy Corporation | -0.23 | -0.17 | -0.05 | 63 | Utilities |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements DELL
Add DELL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DELL