Looking to balance out your exposure to OKLO? The ETFs below have the lowest correlation with OKLO — they tend to move on their own, which can help reduce risk when OKLO drops. The stock ideas table highlights individual companies that behave independently from OKLO.
Best Diversifiers for OKLO
74 ETFs have low correlation with OKLO (below 0.3), 23 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.11, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.11 | -0.01 | 0.03 | 74 | Dividend, Large Cap Value Equities | OKLO vs HDV | |
| State Street Energy Select Sector SPDR ETF | -0.11 | 0.04 | 0.05 | 54 | Energy Equities | OKLO vs XLE | |
| Vanguard Ultra-Short Treasury ETF | -0.10 | — | — | 100 | Ultrashort Bond, Government Bonds | OKLO vs VGUS | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | 0.01 | 0.02 | 100 | Government Bonds, Ultrashort Bond | OKLO vs USFR | |
| Invesco DB Commodity Index Tracking Fund | -0.07 | 0.03 | 0.02 | 59 | Commodities | OKLO vs DBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OKLO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OKLO and solid risk/return profiles. The least correlated is Essential Utilities, Inc. (WTRG) (Utilities) with a 1Y correlation of -0.27, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Essential Utilities, Inc. | -0.27 | -0.15 | -0.08 | 53 | Utilities | |
| The Coca-Cola Company | -0.26 | -0.13 | -0.05 | 82 | Consumer Defensive | |
| Altria Group, Inc. | -0.23 | -0.14 | -0.09 | 78 | Consumer Defensive | |
| Chubb Limited | -0.23 | -0.09 | -0.03 | 83 | Financial Services | |
| Colgate-Palmolive Company | -0.21 | -0.16 | -0.10 | 50 | Consumer Defensive |
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