Looking to balance out your exposure to EXPD? The ETFs below have historically moved differently from EXPD, 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 EXPD
6 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 0.12, down from 0.42 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.12 | 0.27 | 0.42 | 71 | S&P 500 | EXPD vs SPUS | |
| Wahed Dow Jones Islamic World ETF | 0.15 | 0.28 | — | 75 | Foreign Large Cap Equities | EXPD vs UMMA | |
| Wahed FTSE USA Shariah ETF | 0.17 | 0.32 | 0.46 | 85 | Large Cap Growth Equities | EXPD vs HLAL | |
| Vanguard S&P 500 ETF | 0.21 | 0.34 | 0.48 | 78 | S&P 500 | EXPD vs VOO | |
| State Street SPDR S&P 500 ETF | 0.21 | 0.34 | 0.48 | 78 | S&P 500 | EXPD vs SPY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EXPD, 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 GE Vernova Inc. (GEV) (Industrials) with a 1Y correlation of -0.00, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| GE Vernova Inc. | -0.00 | 0.03 | 0.03 | 77 | Industrials | |
| Amphenol Corporation | 0.03 | 0.17 | 0.36 | 79 | Technology | |
| Johnson & Johnson | 0.03 | 0.18 | 0.20 | 96 | Healthcare | |
| Targa Resources Corp. | 0.03 | 0.10 | 0.22 | 93 | Energy | |
| Harmony Gold Mining Company Limited | 0.05 | 0.07 | 0.08 | 54 | Basic Materials |
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