Looking to balance out your exposure to OSPN? The ETFs below have historically moved differently from OSPN, 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 OSPN
0 ETFs have low correlation with OSPN (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 0.38, roughly unchanged from 0.47 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 | 0.38 | 0.46 | 0.47 | 68 | S&P 500 | OSPN vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for OSPN, 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 Sterling Infrastructure, Inc. (STRL) (Industrials) with a 1Y correlation of 0.09, down from 0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sterling Infrastructure, Inc. | 0.09 | 0.26 | 0.31 | 84 | Industrials | |
| Jabil Inc. | 0.11 | 0.29 | 0.32 | 73 | Technology | |
| Broadcom Inc. | 0.17 | 0.29 | 0.33 | 67 | Technology | |
| Fluence Energy, Inc. | 0.17 | 0.28 | 0.31 | 69 | Utilities | |
| Omnicom Group Inc. | 0.25 | 0.30 | 0.30 | 59 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements OSPN
Add OSPN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with OSPN