Looking to balance out your exposure to EQUEY? The ETFs below have the lowest correlation with EQUEY — they tend to move on their own, which can help reduce risk when EQUEY drops. The stock ideas table highlights individual companies that behave independently from EQUEY.
Best Diversifiers for EQUEY
1 ETFs have low correlation with EQUEY (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares UltraPro S&P 500 (UPRO) (Leveraged Equities) with a 1Y correlation of 0.09, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro S&P 500 | 0.09 | 0.07 | 0.09 | 66 | Leveraged Equities, S&P 500 | EQUEY vs UPRO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EQUEY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EQUEY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Companhia Paranaense de Energia | 0.21 | — | — | 78 | Utilities |
Build a portfolio that complements EQUEY
Add EQUEY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EQUEY