Looking to balance out your exposure to GRND? The ETFs below have the lowest correlation with GRND — they tend to move on their own, which can help reduce risk when GRND drops. The stock ideas table highlights individual companies that behave independently from GRND.
Best Diversifiers for GRND
3 ETFs have low correlation with GRND (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P 500 ETF (IVV) (S&P 500) with a 1Y correlation of 0.24, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 ETF | 0.24 | 0.28 | 0.21 | 74 | S&P 500 | GRND vs IVV | |
| Invesco NASDAQ 100 ETF | 0.27 | 0.28 | 0.21 | 75 | Nasdaq-100 | GRND vs QQQM | |
| Invesco QQQ ETF | 0.27 | 0.28 | 0.21 | 74 | Nasdaq-100 | GRND vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GRND, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GRND and solid risk/return profiles. The least correlated is Marvell Technology, Inc. (MRVL) (Technology) with a 1Y correlation of 0.13, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marvell Technology, Inc. | 0.13 | 0.16 | 0.13 | 98 | Technology | |
| NVIDIA Corporation | 0.20 | 0.23 | 0.18 | 80 | Technology |
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