Looking to balance out your exposure to ODD? The ETFs below have the lowest correlation with ODD — they tend to move on their own, which can help reduce risk when ODD drops. The stock ideas table highlights individual companies that behave independently from ODD.
Best Diversifiers for ODD
2 ETFs have low correlation with ODD (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.23 | — | — | 65 | S&P 500 | ODD vs SPY | |
| Vanguard Total Stock Market ETF | 0.24 | — | — | 66 | Large Cap Blend Equities | ODD vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ODD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ODD and solid risk/return profiles. The least correlated is Deere & Company (DE) (Industrials) with a 1Y correlation of -0.04, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Deere & Company | -0.04 | 0.12 | 0.12 | 63 | Industrials | |
| Amgen Inc. | -0.02 | — | — | 74 | Healthcare | |
| United Parcel Service, Inc. | -0.00 | 0.11 | 0.11 | 68 | Industrials | |
| Lockheed Martin Corporation | 0.03 | 0.04 | 0.04 | 56 | Industrials | |
| Ionis Pharmaceuticals, Inc. | 0.06 | — | — | 65 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ODD
Add ODD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ODD