Looking to balance out your exposure to OI? The ETFs below have the lowest correlation with OI — they tend to move on their own, which can help reduce risk when OI drops. The stock ideas table highlights individual companies that behave independently from OI.
Best Diversifiers for OI
0 ETFs have low correlation with OI (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 0.33, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.33 | 0.39 | 0.44 | 70 | S&P 500 | OI vs VOO | |
| Vanguard Total Stock Market ETF | 0.35 | 0.43 | 0.47 | 68 | Large Cap Blend Equities | OI vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OI and solid risk/return profiles. The least correlated is CF Industries Holdings, Inc. (CF) (Basic Materials) with a 1Y correlation of -0.08, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | -0.08 | 0.16 | 0.22 | 60 | Basic Materials | |
| The Coca-Cola Company | 0.07 | 0.08 | 0.18 | 66 | Consumer Defensive | |
| Micron Technology, Inc. | 0.11 | 0.25 | 0.29 | 99 | Technology | |
| Archer-Daniels-Midland Company | 0.15 | 0.28 | 0.34 | 94 | Consumer Defensive | |
| Monster Beverage Corporation | 0.16 | 0.19 | 0.23 | 79 | Consumer Defensive |
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