Looking to balance out your exposure to OR? The ETFs below have historically moved differently from OR, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for OR
0 ETFs have low correlation with OR (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 0.34, roughly unchanged from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.34 | 0.25 | 0.25 | 68 | S&P 500 | OR vs VOO | |
| Astoria US Equal Weight Quality Kings ETF | 0.36 | — | — | 88 | Quality Factor, Large Cap Value Equities, Equal Weight | OR vs ROE | |
| Global X Copper Miners ETF | 0.57 | 0.49 | 0.49 | 76 | Copper | OR vs COPX |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.17, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.17 | 0.06 | 0.13 | 86 | Energy | |
| Cheniere Energy, Inc. | -0.09 | 0.07 | 0.13 | 57 | Energy | |
| Arch Capital Group Ltd. | -0.06 | 0.02 | 0.09 | 67 | Financial Services | |
| Verizon Communications Inc. | -0.06 | 0.06 | 0.12 | 66 | Communication Services | |
| ACI Worldwide, Inc. | -0.01 | 0.10 | 0.14 | 71 | Technology |
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