PortfoliosLab logoPortfoliosLab logo

Looking to balance out your exposure to DUOL? The ETFs below have historically moved differently from DUOL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for DUOL

18 ETFs have low correlation with DUOL (below 0.3), 6 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.06, roughly unchanged from -0.02 over 5 years.

How candidates are selected

See all 18 diversifiers for DUOL

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for DUOL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Merck & Co., Inc. (MRK) (Healthcare) with a 1Y correlation of -0.17, down from -0.06 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Merck & Co., Inc.-0.17-0.09-0.06
94
Healthcare
Corning Incorporated-0.120.090.18
89
Technology
Warrior Met Coal, Inc.-0.120.060.11
75
Basic Materials
ASML Holding N.V.-0.110.180.26
96
Technology
AbbVie Inc.-0.10-0.02-0.01
73
Healthcare
See all 123 low-correlation stocks for DUOL

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements DUOL

Add DUOL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with DUOL