Looking to balance out your exposure to DELL? The ETFs below have historically moved differently from DELL, 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 DELL
107 ETFs have low correlation with DELL (below 0.3), 20 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.16, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.16 | -0.00 | 0.21 | 88 | Dividend, Large Cap Value Equities | DELL vs HDV | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.04 | -0.01 | 100 | Government Bonds, Ultrashort Bond | DELL vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.06 | -0.02 | 100 | Ultrashort Bond | DELL vs SGOV | |
| iShares 0-1 Year Treasury Bond ETF | -0.10 | -0.08 | -0.05 | 100 | Government Bonds, Ultrashort Bond | DELL vs SHV | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.09 | -0.07 | -0.01 | 83 | Inflation-Protected Bonds | DELL vs VTIP |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DELL, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.29, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.29 | -0.16 | 0.01 | 86 | Consumer Defensive | |
| Altria Group, Inc. | -0.28 | -0.18 | -0.01 | 64 | Consumer Defensive | |
| Coca-Cola Consolidated, Inc. | -0.25 | -0.01 | 0.09 | 84 | Consumer Defensive | |
| Chubb Limited | -0.24 | -0.09 | 0.09 | 86 | Financial Services | |
| Arch Capital Group Ltd. | -0.23 | -0.02 | 0.12 | 60 | Financial Services |
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