Looking to balance out your exposure to DOMO? The ETFs below have the lowest correlation with DOMO — they tend to move on their own, which can help reduce risk when DOMO drops. The stock ideas table highlights individual companies that behave independently from DOMO.
Best Diversifiers for DOMO
0 ETFs have low correlation with DOMO (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.40, roughly unchanged from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.40 | 0.39 | 0.50 | 76 | Technology Equities | DOMO vs VGT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DOMO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DOMO and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Viking Holdings Ltd | 0.35 | — | — | 91 | Consumer Cyclical |
Build a portfolio that complements DOMO
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