Looking to balance out your exposure to META? The ETFs below have the lowest correlation with META — they tend to move on their own, which can help reduce risk when META drops. The stock ideas table highlights individual companies that behave independently from META.
Best Diversifiers for META
127 ETFs have low correlation with META (below 0.3), 24 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.20, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.20 | -0.05 | 0.02 | 66 | Oil & Gas | META vs USO | |
| State Street Energy Select Sector SPDR ETF | -0.20 | -0.04 | 0.08 | 70 | Energy Equities | META vs XLE | |
| iShares Global Energy ETF | -0.19 | -0.02 | 0.10 | 81 | Energy Equities | META vs IXC | |
| Fidelity MSCI Energy Index ETF | -0.17 | -0.03 | 0.09 | 71 | Energy Equities | META vs FENY | |
| Vanguard Energy ETF | -0.17 | -0.03 | 0.09 | 71 | Energy Equities | META vs VDE |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from META, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to META and solid risk/return profiles. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.28, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.28 | -0.04 | 0.03 | 83 | Energy | |
| Chevron Corporation | -0.22 | -0.08 | 0.05 | 84 | Energy | |
| Exxon Mobil Corporation | -0.22 | -0.10 | 0.02 | 86 | Energy | |
| Apache Corporation | -0.21 | -0.05 | 0.09 | 91 | Energy | |
| EOG Resources, Inc. | -0.21 | -0.07 | 0.04 | 71 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements META
Add META to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with META