Looking to balance out your exposure to DERM? The ETFs below have the lowest correlation with DERM — they tend to move on their own, which can help reduce risk when DERM drops. The stock ideas table highlights individual companies that behave independently from DERM.
Best Diversifiers for DERM
0 ETFs have low correlation with DERM (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.35, up from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.35 | 0.20 | — | 74 | S&P 500 | DERM vs VOO |
Diversification Analysis
Build a portfolio that complements DERM
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