Looking to balance out your exposure to GLW? The ETFs below have the lowest correlation with GLW — they tend to move on their own, which can help reduce risk when GLW drops. The stock ideas table highlights individual companies that behave independently from GLW.
Best Diversifiers for GLW
6 ETFs have low correlation with GLW (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard Energy ETF (VDE) (Energy Equities) with a 1Y correlation of -0.02, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Energy ETF | -0.02 | 0.14 | 0.28 | 64 | Energy Equities | GLW vs VDE | |
| Pacer US Cash Cows 100 ETF | 0.15 | 0.37 | 0.54 | 65 | Mid Cap Value Equities, Dividend | GLW vs COWZ | |
| Schwab U.S. Dividend Equity ETF | 0.17 | 0.36 | 0.52 | 80 | Dividend | GLW vs SCHD | |
| Pacer Global Cash Cows Dividend ETF | 0.23 | 0.30 | 0.43 | 79 | Large Cap Value Equities, Dividend | GLW vs GCOW | |
| AAM S&P 500 High Dividend Value ETF | 0.24 | 0.42 | 0.55 | 73 | Dividend, S&P 500 | GLW vs SPDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GLW, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GLW and solid risk/return profiles. The least correlated is CF Industries Holdings, Inc. (CF) (Basic Materials) with a 1Y correlation of -0.18, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | -0.18 | 0.03 | 0.13 | 60 | Basic Materials | |
| Cboe Global Markets, Inc. | -0.15 | -0.12 | 0.06 | 68 | Financial Services | |
| Verizon Communications Inc. | -0.14 | -0.00 | 0.10 | 59 | Communication Services | |
| Exxon Mobil Corporation | -0.10 | 0.04 | 0.19 | 85 | Energy | |
| Phillips 66 | -0.10 | 0.08 | 0.22 | 87 | Energy |
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Build a portfolio that complements GLW
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