Looking to balance out your exposure to ORC? The ETFs below have the lowest correlation with ORC — they tend to move on their own, which can help reduce risk when ORC drops. The stock ideas table highlights individual companies that behave independently from ORC.
Best Diversifiers for ORC
5 ETFs have low correlation with ORC (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.24, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.24 | 0.32 | 0.37 | 92 | Semiconductors, Technology Equities | ORC vs SMH | |
| YieldMax TSM Option Income Strategy ETF | 0.26 | 0.27 | 0.27 | 82 | Derivative Income | ORC vs TSMY | |
| Schwab U.S. Dividend Equity ETF | 0.27 | 0.43 | 0.47 | 86 | Dividend | ORC vs SCHD | |
| Bridges Capital Tactical ETF | 0.28 | 0.36 | — | 76 | Large Cap Blend Equities | ORC vs BDGS | |
| YieldMax GOOGL Option Income Strategy ETF | 0.30 | — | — | 93 | Derivative Income | ORC vs GOOY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ORC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ORC and solid risk/return profiles. The least correlated is AbbVie Inc. (ABBV) (Healthcare) with a 1Y correlation of 0.14, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AbbVie Inc. | 0.14 | 0.18 | 0.16 | 79 | Healthcare | |
| Broadcom Inc. | 0.15 | 0.25 | 0.29 | 71 | Technology | |
| Johnson & Johnson | 0.16 | 0.17 | 0.17 | 97 | Healthcare | |
| IRSA Inversiones y Representaciones Sociedad Anóni... | 0.17 | 0.22 | 0.21 | 58 | Industrials | |
| Cummins Inc. | 0.18 | 0.30 | 0.34 | 95 | Industrials |
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Build a portfolio that complements ORC
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