Looking to balance out your exposure to ORC? The ETFs below have historically moved differently from ORC, 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 ORC
3 ETFs have low correlation with ORC (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 0.22, down from 0.46 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.22 | 0.41 | 0.46 | 95 | Dividend | ORC vs SCHD | |
| VanEck Semiconductor ETF | 0.27 | 0.33 | 0.37 | 87 | Semiconductors, Technology Equities | ORC vs SMH | |
| YieldMax TSM Option Income Strategy ETF | 0.28 | — | — | 76 | Derivative Income | ORC vs TSMY | |
| Bridges Capital Tactical ETF | 0.30 | 0.36 | — | 64 | Tactical Allocation | ORC vs BDGS | |
| YieldMax GOOGL Option Income Strategy ETF | 0.31 | 0.27 | — | 89 | Derivative Income | ORC vs GOOY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ORC, 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 Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of 0.09, roughly unchanged from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | 0.09 | 0.16 | 0.17 | 97 | Healthcare | |
| AbbVie Inc. | 0.11 | 0.19 | 0.16 | 81 | Healthcare | |
| Broadcom Inc. | 0.15 | 0.26 | 0.30 | 67 | Technology | |
| LTC Properties, Inc. | 0.16 | 0.31 | 0.35 | 80 | Real Estate | |
| Cummins Inc. | 0.16 | 0.31 | 0.34 | 92 | Industrials |
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