Looking to balance out your exposure to EXPD? The ETFs below have the lowest correlation with EXPD — they tend to move on their own, which can help reduce risk when EXPD drops. The stock ideas table highlights individual companies that behave independently from EXPD.
Best Diversifiers for EXPD
5 ETFs have low correlation with EXPD (below 0.3), 0 of which are negatively correlated. The least correlated is SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) (S&P 500) with a 1Y correlation of 0.14, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.14 | 0.28 | 0.44 | 81 | S&P 500 | EXPD vs SPUS | |
| Wahed Dow Jones Islamic World ETF | 0.19 | 0.30 | — | 75 | Foreign Large Cap Equities | EXPD vs UMMA | |
| Wahed FTSE USA Shariah ETF | 0.23 | 0.33 | 0.48 | 88 | Large Cap Growth Equities | EXPD vs HLAL | |
| Vanguard S&P 500 ETF | 0.25 | 0.36 | 0.49 | 70 | S&P 500 | EXPD vs VOO | |
| State Street SPDR S&P 500 ETF | 0.25 | 0.36 | 0.49 | 70 | S&P 500 | EXPD vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EXPD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EXPD and solid risk/return profiles. The least correlated is GE Vernova Inc. (GEV) (Utilities) with a 1Y correlation of -0.03, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GE Vernova Inc. | -0.03 | 0.03 | 0.03 | 87 | Utilities | |
| Monster Beverage Corporation | 0.07 | 0.14 | 0.28 | 79 | Consumer Defensive | |
| Seaboard Corporation | 0.08 | 0.13 | 0.13 | 88 | Industrials | |
| Raytheon Technologies Corporation | 0.11 | 0.15 | 0.24 | 70 | Industrials | |
| Halozyme Therapeutics, Inc. | 0.13 | 0.20 | 0.25 | 66 | Healthcare |
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