Looking to balance out your exposure to OPRX? The ETFs below have the lowest correlation with OPRX — they tend to move on their own, which can help reduce risk when OPRX drops. The stock ideas table highlights individual companies that behave independently from OPRX.
Best Diversifiers for OPRX
0 ETFs have low correlation with OPRX (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.40, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.40 | 0.38 | 0.44 | 70 | S&P 500 | OPRX vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OPRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OPRX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 0.17 | — | — | 97 | Communication Services | |
| SoFi Technologies, Inc. | 0.31 | 0.30 | 0.40 | 51 | Financial Services |
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