Looking to balance out your exposure to OLLI? The ETFs below have the lowest correlation with OLLI — they tend to move on their own, which can help reduce risk when OLLI drops. The stock ideas table highlights individual companies that behave independently from OLLI.
Best Diversifiers for OLLI
2 ETFs have low correlation with OLLI (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 0.28, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.28 | 0.31 | 0.38 | 70 | S&P 500 | OLLI vs VOO | |
| State Street SPDR S&P 500 ETF | 0.28 | 0.30 | 0.38 | 70 | S&P 500 | OLLI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OLLI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OLLI and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.04, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.04 | 0.02 | 0.11 | 69 | Consumer Defensive | |
| The Coca-Cola Company | -0.04 | 0.07 | 0.15 | 66 | Consumer Defensive | |
| PepsiCo, Inc. | -0.03 | 0.08 | 0.16 | 56 | Consumer Defensive | |
| Johnson & Johnson | -0.01 | 0.01 | 0.07 | 92 | Healthcare | |
| Rhythm Pharmaceuticals, Inc. | -0.00 | 0.10 | 0.16 | 59 | Healthcare |
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