Looking to balance out your exposure to ORI? The ETFs below have historically moved differently from ORI, 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 ORI
4 ETFs have low correlation with ORI (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.05, down from 0.37 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 | -0.05 | 0.21 | 0.37 | 68 | S&P 500 | ORI vs VOO | |
| State Street SPDR S&P 500 ETF | -0.04 | 0.21 | 0.37 | 67 | S&P 500 | ORI vs SPY | |
| Vanguard Extended Market ETF | 0.05 | 0.33 | 0.42 | 52 | Mid Cap Blend Equities | ORI vs VXF | |
| Vanguard High Dividend Yield ETF | 0.27 | 0.48 | 0.59 | 90 | Dividend | ORI vs VYM | |
| Schwab U.S. Dividend Equity ETF | 0.43 | 0.51 | 0.59 | 95 | Dividend | ORI vs SCHD |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ORI, 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 Advanced Micro Devices, Inc. (AMD) (Technology) with a 1Y correlation of -0.26, down from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | -0.26 | -0.04 | 0.09 | 94 | Technology | |
| Broadcom Inc. | -0.25 | -0.04 | 0.11 | 67 | Technology | |
| Vertiv Holdings Co. | -0.24 | -0.00 | 0.15 | 76 | Industrials | |
| NVIDIA Corporation | -0.22 | -0.09 | 0.07 | 56 | Technology | |
| Amphenol Corporation | -0.19 | 0.06 | 0.24 | 77 | Technology |
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