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
80 ETFs have low correlation with DELL (below 0.3), 9 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.10 | -0.02 | -0.01 | 100 | Government Bonds, Ultrashort Bond | DELL vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.08 | -0.05 | -0.01 | 100 | Ultrashort Bond | DELL vs SGOV | |
| iShares Core High Dividend ETF | -0.07 | 0.04 | 0.24 | 81 | Dividend, Large Cap Value Equities | DELL vs HDV | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.06 | -0.06 | -0.01 | 89 | Inflation-Protected Bonds | DELL vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.05 | -0.06 | -0.01 | 90 | Inflation-Protected Bonds | DELL vs STIP |
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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 -0.23, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.23 | -0.12 | 0.04 | 76 | Consumer Defensive | |
| Altria Group, Inc. | -0.22 | -0.15 | 0.01 | 78 | Consumer Defensive | |
| Chubb Limited | -0.21 | -0.05 | 0.11 | 73 | Financial Services | |
| Arch Capital Group Ltd. | -0.21 | 0.00 | 0.15 | 50 | Financial Services | |
| Duke Energy Corporation | -0.20 | -0.16 | -0.05 | 67 | Utilities |
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