Looking to balance out your exposure to ROK? The ETFs below have historically moved differently from ROK, 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 ROK
1 ETFs have low correlation with ROK (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.13, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.00 | 0.01 | 100 | Ultrashort Bond | ROK vs SGOV | |
| Roundhill Generative AI & Technology ETF | 0.44 | 0.41 | 0.42 | 73 | Artificial Intelligence, Technology Equities | ROK vs CHAT | |
| Invesco QQQ ETF | 0.58 | 0.54 | 0.60 | 55 | Nasdaq-100 | ROK vs QQQ | |
| Vanguard FTSE Developed Markets ETF | 0.59 | 0.56 | 0.61 | 69 | Foreign Large Cap Equities | ROK vs VEA | |
| iShares Semiconductor ETF | 0.60 | 0.55 | 0.59 | 90 | Semiconductors, Technology Equities | ROK vs SOXX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ROK, 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 The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.17, down from 0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.17 | 0.00 | 0.15 | 86 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.09 | 0.09 | 0.15 | 85 | Energy | |
| The J. M. Smucker Company | -0.06 | 0.04 | 0.08 | 56 | Consumer Defensive | |
| Walmart Inc. | -0.05 | 0.02 | 0.14 | 58 | Consumer Defensive | |
| Aflac Incorporated | -0.03 | 0.19 | 0.31 | 86 | Financial Services |
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