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
88 ETFs have low correlation with OKLO (below 0.3), 22 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.15, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.15 | 0.00 | 0.01 | 66 | Oil & Gas | OKLO vs USO | |
| Invesco DB Commodity Index Tracking Fund | -0.08 | 0.03 | 0.03 | 75 | Commodities | OKLO vs DBC | |
| State Street Energy Select Sector SPDR ETF | -0.08 | 0.05 | 0.06 | 63 | Energy Equities | OKLO vs XLE | |
| iShares Core High Dividend ETF | -0.08 | 0.03 | 0.05 | 64 | Dividend, Large Cap Value Equities | OKLO vs HDV | |
| ProShares Ultra Bloomberg Crude Oil | -0.08 | 0.03 | 0.03 | 54 | Leveraged Commodities | OKLO vs UCO |
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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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.20, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.20 | -0.10 | -0.03 | 66 | Consumer Defensive | |
| Johnson & Johnson | -0.18 | -0.12 | -0.06 | 92 | Healthcare | |
| Chubb Limited | -0.18 | -0.07 | -0.02 | 51 | Financial Services | |
| Altria Group, Inc. | -0.16 | -0.11 | -0.07 | 69 | Consumer Defensive | |
| PepsiCo, Inc. | -0.16 | -0.13 | -0.08 | 56 | Consumer Defensive |
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