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
82 ETFs have low correlation with DELL (below 0.3), 12 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.11, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.11 | 0.05 | 0.10 | 66 | Oil & Gas | DELL vs USO | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.07 | -0.07 | -0.01 | 93 | Inflation-Protected Bonds | DELL vs VTIP | |
| WisdomTree Floating Rate Treasury Fund | -0.06 | -0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | DELL vs USFR | |
| iShares 0-5 Year TIPS Bond ETF | -0.06 | -0.06 | -0.01 | 93 | Inflation-Protected Bonds | DELL vs STIP | |
| ProShares Ultra Bloomberg Crude Oil | -0.05 | 0.09 | 0.13 | 54 | Leveraged Commodities | DELL vs UCO |
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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 -0.19, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.19 | -0.10 | 0.05 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.18 | -0.13 | -0.02 | 92 | Healthcare | |
| Altria Group, Inc. | -0.17 | -0.11 | 0.03 | 69 | Consumer Defensive | |
| Chubb Limited | -0.16 | -0.02 | 0.13 | 51 | Financial Services | |
| Duke Energy Corporation | -0.15 | -0.14 | -0.03 | 53 | Utilities |
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