Looking to balance out your exposure to EXTR? The ETFs below have the lowest correlation with EXTR — they tend to move on their own, which can help reduce risk when EXTR drops. The stock ideas table highlights individual companies that behave independently from EXTR.
Best Diversifiers for EXTR
0 ETFs have low correlation with EXTR (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.45, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.45 | 0.45 | 0.55 | 70 | S&P 500 | EXTR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.45 | 0.45 | 0.55 | 70 | S&P 500 | EXTR vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EXTR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EXTR and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of -0.14, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | -0.14 | -0.05 | 0.03 | 59 | Communication Services | |
| Sigma Lithium Resources Corp | 0.01 | 0.14 | — | 84 | Basic Materials | |
| Northern Dynasty Minerals Ltd. | 0.06 | 0.08 | 0.11 | 65 | Basic Materials | |
| Kratos Defense & Security Solutions, Inc. | 0.08 | 0.22 | 0.31 | 60 | Industrials | |
| Telefônica Brasil S.A. | 0.09 | 0.13 | 0.13 | 73 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EXTR
Add EXTR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EXTR