Looking to balance out your exposure to ROG? The ETFs below have the lowest correlation with ROG — they tend to move on their own, which can help reduce risk when ROG drops. The stock ideas table highlights individual companies that behave independently from ROG.
Best Diversifiers for ROG
0 ETFs have low correlation with ROG (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 0.41, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.41 | 0.46 | 0.41 | 70 | S&P 500 | ROG vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ROG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ROG and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.07, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.07 | 0.14 | 0.16 | 85 | Energy | |
| Novartis AG | 0.23 | 0.16 | 0.14 | 75 | Healthcare | |
| Aeva Technologies, Inc. | 0.26 | 0.26 | 0.28 | 52 | Consumer Cyclical | |
| Preformed Line Products Company | 0.40 | 0.40 | 0.32 | 94 | Industrials |
Build a portfolio that complements ROG
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