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Looking to diversify beyond POWR? The ETFs below have the lowest correlation with POWR — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from POWR.

Best Diversifiers for POWR

346 ETFs have low correlation with POWR (below 0.3), 32 of which are negatively correlated.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from POWR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to POWR and solid risk/return profiles. The least correlated is Interactive Brokers Group, Inc. (IBKR) (Financial Services) with a 1Y correlation of 0.29, roughly unchanged from 0.31 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Interactive Brokers Group, Inc.0.300.260.31
88
Financial Services
DNP Select Income Fund Inc.0.370.300.31
88
Financial Services

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Diversification Analysis

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