Looking to balance out your exposure to DINO? The ETFs below have the lowest correlation with DINO — they tend to move on their own, which can help reduce risk when DINO drops. The stock ideas table highlights individual companies that behave independently from DINO.
Best Diversifiers for DINO
6 ETFs have low correlation with DINO (below 0.3), 4 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.02, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.02 | 0.17 | 0.25 | 59 | S&P 500 | DINO vs VOO | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.01 | 0.10 | 0.16 | 63 | Nasdaq-100, Derivative Income | DINO vs JEPQ | |
| State Street SPDR S&P 500 ETF | -0.01 | 0.17 | 0.26 | 59 | S&P 500 | DINO vs SPY | |
| ProShares UltraPro QQQ | -0.00 | 0.11 | 0.17 | 53 | Leveraged Equities | DINO vs TQQQ | |
| Invesco QQQ ETF | 0.01 | 0.11 | 0.17 | 59 | Nasdaq-100 | DINO vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DINO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DINO and solid risk/return profiles. The least correlated is General Electric Company (GE) (Industrials) with a 1Y correlation of -0.17, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| General Electric Company | -0.17 | 0.04 | 0.19 | 78 | Industrials | |
| Novartis AG | -0.15 | -0.01 | 0.06 | 81 | Healthcare | |
| GE Vernova Inc. | -0.08 | — | — | 89 | Industrials | |
| Walmart Inc. | -0.07 | 0.02 | 0.07 | 69 | Consumer Defensive | |
| Lockheed Martin Corporation | -0.05 | 0.05 | 0.15 | 51 | Industrials |
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