Looking to balance out your exposure to ETSY? The ETFs below have the lowest correlation with ETSY — they tend to move on their own, which can help reduce risk when ETSY drops. The stock ideas table highlights individual companies that behave independently from ETSY.
Best Diversifiers for ETSY
8 ETFs have low correlation with ETSY (below 0.3), 0 of which are negatively correlated. The least correlated is Pacer Global Cash Cows Dividend ETF (GCOW) (Large Cap Value Equities) with a 1Y correlation of 0.09, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Global Cash Cows Dividend ETF | 0.09 | 0.22 | 0.25 | 67 | Large Cap Value Equities, Dividend | ETSY vs GCOW | |
| GraniteShares 2x Long AMD Daily ETF | 0.15 | — | — | 95 | Leveraged Equities | ETSY vs AMDL | |
| Schwab U.S. Dividend Equity ETF | 0.22 | 0.32 | 0.35 | 86 | Dividend | ETSY vs SCHD | |
| Invesco QQQ ETF | 0.26 | 0.30 | 0.45 | 58 | Nasdaq-100 | ETSY vs QQQ | |
| Vanguard Total International Stock ETF | 0.26 | 0.30 | 0.37 | 56 | Global Equities | ETSY vs VXUS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ETSY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ETSY and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of -0.07, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | -0.07 | 0.07 | 0.13 | 84 | Energy | |
| Altria Group, Inc. | -0.07 | 0.09 | 0.07 | 81 | Consumer Defensive | |
| Cenovus Energy Inc. | -0.07 | 0.02 | 0.07 | 93 | Energy | |
| Ovintiv Inc. | -0.05 | 0.09 | 0.12 | 76 | Energy | |
| Targa Resources Corp. | -0.04 | 0.03 | 0.13 | 92 | Energy |
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Build a portfolio that complements ETSY
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