Looking to balance out your exposure to EXPE? The ETFs below have the lowest correlation with EXPE — they tend to move on their own, which can help reduce risk when EXPE drops. The stock ideas table highlights individual companies that behave independently from EXPE.
Best Diversifiers for EXPE
2 ETFs have low correlation with EXPE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.28, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.29 | 0.38 | 0.47 | 53 | Nasdaq-100 | EXPE vs QQQ | |
| Invesco NASDAQ 100 ETF | 0.29 | 0.39 | 0.47 | 54 | Nasdaq-100 | EXPE vs QQQM | |
| Vanguard S&P 500 ETF | 0.37 | 0.45 | 0.51 | 66 | S&P 500 | EXPE vs VOO | |
| State Street SPDR S&P 500 ETF | 0.37 | 0.45 | 0.51 | 65 | S&P 500 | EXPE vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EXPE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EXPE and solid risk/return profiles. The least correlated is Targa Resources Corp. (TRGP) (Energy) with a 1Y correlation of -0.17, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Targa Resources Corp. | -0.17 | 0.11 | 0.24 | 94 | Energy | |
| Philip Morris International Inc. | -0.11 | 0.05 | 0.12 | 52 | Consumer Defensive | |
| Cheniere Energy, Inc. | -0.07 | 0.14 | 0.18 | 57 | Energy | |
| Walmart Inc. | -0.05 | 0.08 | 0.11 | 69 | Consumer Defensive | |
| The Southern Company | -0.04 | -0.01 | 0.03 | 56 | Utilities |
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