Looking to balance out your exposure to FOUR? The ETFs below have the lowest correlation with FOUR — they tend to move on their own, which can help reduce risk when FOUR drops. The stock ideas table highlights individual companies that behave independently from FOUR.
Best Diversifiers for FOUR
1 ETFs have low correlation with FOUR (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Angel Oak Mortgage-Backed Securities ETF | 0.08 | — | — | 67 | Intermediate Core-Plus Bond | FOUR vs MBS | |
| Innovator Defined Wealth Shield ETF | 0.32 | 0.40 | — | 93 | Defined Outcome | FOUR vs BALT | |
| Invesco QQQ ETF | 0.34 | 0.40 | 0.48 | 74 | Nasdaq-100 | FOUR vs QQQ | |
| Vanguard S&P 500 ETF | 0.40 | 0.46 | 0.51 | 74 | S&P 500 | FOUR vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FOUR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FOUR and solid risk/return profiles. The least correlated is Baidu, Inc. (BIDU) (Communication Services) with a 1Y correlation of 0.15, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Baidu, Inc. | 0.15 | 0.19 | 0.29 | 73 | Communication Services | |
| NVIDIA Corporation | 0.17 | 0.26 | 0.37 | 80 | Technology | |
| Olaplex Holdings, Inc. | 0.21 | 0.24 | — | 66 | Consumer Cyclical | |
| The RealReal, Inc. | 0.26 | 0.36 | 0.45 | 68 | Consumer Cyclical | |
| SoFi Technologies, Inc. | 0.46 | 0.48 | 0.49 | 55 | Financial Services |
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