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
7 ETFs have low correlation with DINO (below 0.3), 6 of which are negatively correlated. The least correlated is Fidelity Blue Chip Growth ETF (FBCG) (Large Cap Growth Equities) with a 1Y correlation of -0.07, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Blue Chip Growth ETF | -0.07 | 0.08 | 0.19 | 57 | Large Cap Growth Equities | DINO vs FBCG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | -0.06 | 0.10 | 0.18 | 57 | S&P 500, Large Cap Growth Equities | DINO vs SPYG | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.02 | 0.10 | — | 74 | Nasdaq-100, Derivative Income | DINO vs JEPQ | |
| State Street SPDR S&P 500 ETF | -0.01 | 0.17 | 0.26 | 70 | S&P 500 | DINO vs SPY | |
| ProShares UltraPro QQQ | -0.00 | 0.10 | 0.17 | 71 | Leveraged Equities | DINO vs TQQQ |
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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 Novartis AG (NVS) (Healthcare) with a 1Y correlation of -0.17, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Novartis AG | -0.17 | -0.01 | 0.06 | 75 | Healthcare | |
| General Electric Company | -0.12 | 0.07 | 0.21 | 65 | Industrials | |
| Walmart Inc. | -0.11 | 0.01 | 0.07 | 63 | Consumer Defensive | |
| GE Vernova Inc. | -0.06 | — | — | 87 | Utilities | |
| Rocket Lab USA, Inc. | -0.04 | 0.11 | 0.12 | 93 | Industrials |
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