Looking to balance out your exposure to EXC? The ETFs below have the lowest correlation with EXC — they tend to move on their own, which can help reduce risk when EXC drops. The stock ideas table highlights individual companies that behave independently from EXC.
Best Diversifiers for EXC
5 ETFs have low correlation with EXC (below 0.3), 3 of which are negatively correlated. The least correlated is Invesco NASDAQ 100 ETF (QQQM) (Nasdaq-100) with a 1Y correlation of -0.16, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | -0.16 | -0.08 | 0.10 | 60 | Nasdaq-100 | EXC vs QQQM | |
| State Street SPDR S&P 500 ETF | -0.08 | 0.06 | 0.23 | 60 | S&P 500 | EXC vs SPY | |
| Vanguard S&P 500 ETF | -0.08 | 0.06 | 0.23 | 60 | S&P 500 | EXC vs VOO | |
| Vanguard High Dividend Yield ETF | 0.15 | 0.34 | 0.41 | 77 | Dividend | EXC vs VYM | |
| Schwab U.S. Dividend Equity ETF | 0.21 | 0.37 | 0.42 | 77 | Dividend | EXC vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EXC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EXC and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.22, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.22 | -0.19 | -0.02 | 70 | Technology | |
| QUALCOMM Incorporated | -0.18 | -0.07 | 0.05 | 62 | Technology | |
| Broadcom Inc. | -0.18 | -0.14 | 0.03 | 71 | Technology | |
| Vertiv Holdings Co. | -0.16 | -0.12 | 0.02 | 93 | Industrials | |
| Micron Technology, Inc. | -0.15 | -0.12 | -0.02 | 99 | Technology |
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