Looking to balance out your exposure to EXR? The ETFs below have the lowest correlation with EXR — they tend to move on their own, which can help reduce risk when EXR drops. The stock ideas table highlights individual companies that behave independently from EXR.
Best Diversifiers for EXR
7 ETFs have low correlation with EXR (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of 0.04, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.04 | 0.07 | 0.01 | 100 | Ultrashort Bond | EXR vs SGOV | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.06 | — | — | 100 | Ultrashort Bond | EXR vs VBIL | |
| NEOS S&P 500 High Income ETF | 0.11 | 0.29 | — | 70 | Derivative Income, S&P 500 | EXR vs SPYI | |
| Vanguard S&P 500 ETF | 0.11 | 0.31 | 0.41 | 66 | S&P 500 | EXR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.11 | 0.31 | 0.41 | 66 | S&P 500 | EXR vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EXR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EXR and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.13, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.13 | 0.05 | 0.18 | 71 | Technology | |
| CrowdStrike Holdings, Inc. | -0.12 | 0.04 | 0.16 | 77 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.09 | 0.09 | 0.18 | 92 | Technology | |
| Celestica Inc. | -0.07 | 0.04 | 0.16 | 85 | Technology | |
| Valero Energy Corporation | -0.05 | 0.06 | 0.10 | 95 | Energy |
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Build a portfolio that complements EXR
Add EXR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EXR