Looking to balance out your exposure to OPFI? The ETFs below have the lowest correlation with OPFI — they tend to move on their own, which can help reduce risk when OPFI drops. The stock ideas table highlights individual companies that behave independently from OPFI.
Best Diversifiers for OPFI
1 ETFs have low correlation with OPFI (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.13, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.13 | 0.20 | 0.24 | 85 | Dividend | OPFI vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OPFI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OPFI and solid risk/return profiles. The least correlated is Qorvo, Inc. (QRVO) (Technology) with a 1Y correlation of 0.10, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Qorvo, Inc. | 0.10 | 0.17 | 0.24 | 66 | Technology | |
| Elbit Systems Ltd | 0.11 | 0.16 | 0.14 | 88 | Industrials | |
| Seagate Technology plc | 0.16 | 0.16 | 0.21 | 99 | Technology | |
| NVIDIA Corporation | 0.18 | 0.19 | 0.22 | 80 | Technology | |
| Carpenter Technology Corporation | 0.19 | 0.27 | 0.26 | 89 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements OPFI
Add OPFI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OPFI