Looking to balance out your exposure to OTGLY? The ETFs below have the lowest correlation with OTGLY — they tend to move on their own, which can help reduce risk when OTGLY drops. The stock ideas table highlights individual companies that behave independently from OTGLY.
Best Diversifiers for OTGLY
0 ETFs have low correlation with OTGLY (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence and Big Data ETF | 0.37 | — | — | 88 | Technology Equities | OTGLY vs XAIX | |
| Vanguard S&P 500 ETF | 0.40 | 0.32 | 0.32 | 70 | S&P 500 | OTGLY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OTGLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OTGLY and solid risk/return profiles. The least correlated is Warner Bros. Discovery, Inc. (WBD) (Communication Services) with a 1Y correlation of 0.03, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Warner Bros. Discovery, Inc. | 0.03 | 0.17 | 0.19 | 97 | Communication Services | |
| United Parcel Service, Inc. | 0.07 | 0.13 | 0.17 | 57 | Industrials | |
| Shoprite Holdings Ltd ADR | 0.11 | 0.11 | 0.12 | 52 | Consumer Cyclical | |
| Amazon.com, Inc | 0.24 | 0.19 | 0.21 | 60 | Consumer Cyclical | |
| Apple Inc | 0.24 | 0.26 | 0.27 | 89 | Technology |
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