Looking to balance out your exposure to GRC? The ETFs below have the lowest correlation with GRC — they tend to move on their own, which can help reduce risk when GRC drops. The stock ideas table highlights individual companies that behave independently from GRC.
Best Diversifiers for GRC
0 ETFs have low correlation with GRC (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 0.47, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.47 | 0.53 | 0.53 | 74 | S&P 500 | GRC vs VOO | |
| State Street SPDR S&P 500 ETF | 0.48 | 0.53 | 0.53 | 74 | S&P 500 | GRC vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GRC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GRC and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.07, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.07 | 0.03 | 0.13 | 73 | Consumer Defensive | |
| Canadian Utilities Limited | 0.01 | 0.07 | 0.13 | 91 | Utilities | |
| Fortis Inc | 0.05 | 0.09 | 0.17 | 79 | Utilities | |
| The Coca-Cola Company | 0.05 | 0.06 | 0.17 | 62 | Consumer Defensive | |
| Walmart Inc. | 0.06 | 0.09 | 0.18 | 66 | Consumer Defensive |
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