Looking to balance out your exposure to EXP? The ETFs below have the lowest correlation with EXP — they tend to move on their own, which can help reduce risk when EXP drops. The stock ideas table highlights individual companies that behave independently from EXP.
Best Diversifiers for EXP
0 ETFs have low correlation with EXP (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.42, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.42 | 0.57 | 0.61 | 60 | S&P 500 | EXP vs SPY | |
| Vanguard S&P 500 ETF | 0.43 | 0.57 | 0.61 | 60 | S&P 500 | EXP vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EXP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EXP and solid risk/return profiles. The least correlated is Fortinet, Inc. (FTNT) (Technology) with a 1Y correlation of 0.01, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fortinet, Inc. | 0.01 | 0.21 | 0.31 | 67 | Technology | |
| The Coca-Cola Company | 0.04 | 0.08 | 0.20 | 74 | Consumer Defensive | |
| NVIDIA Corporation | 0.06 | 0.27 | 0.37 | 70 | Technology | |
| AppLovin Corporation | 0.06 | 0.23 | 0.30 | 58 | Communication Services | |
| Eli Lilly and Company | 0.08 | 0.18 | 0.18 | 75 | Healthcare |
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