Looking to balance out your exposure to ETSY? The ETFs below have historically moved differently from ETSY, 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 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 0.08, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer Global Cash Cows Dividend ETF | 0.08 | 0.22 | 0.24 | 90 | Large Cap Value Equities, Dividend | ETSY vs GCOW | |
| GraniteShares 2x Long AMD Daily ETF | 0.12 | — | — | 86 | Leveraged Equities | ETSY vs AMDL | |
| iShares U.S. Healthcare ETF | 0.14 | 0.23 | 0.31 | 70 | Health & Biotech Equities | ETSY vs IYH | |
| Schwab U.S. Dividend Equity ETF | 0.21 | 0.32 | 0.35 | 95 | Dividend | ETSY vs SCHD | |
| Vanguard Total International Stock ETF | 0.25 | 0.29 | 0.37 | 71 | Global Equities | ETSY vs VXUS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ETSY, 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 Range Resources Corporation (RRC) (Energy) with a 1Y correlation of -0.10, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Range Resources Corporation | -0.10 | 0.08 | 0.10 | 54 | Energy | |
| Cenovus Energy Inc. | -0.09 | 0.01 | 0.07 | 95 | Energy | |
| Ovintiv Inc. | -0.09 | 0.07 | 0.12 | 84 | Energy | |
| Diamondback Energy, Inc. | -0.08 | 0.04 | 0.07 | 79 | Energy | |
| Energy Transfer LP | -0.08 | 0.05 | 0.12 | 81 | Energy |
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