Looking to balance out your exposure to ROK? The ETFs below have the lowest correlation with ROK — they tend to move on their own, which can help reduce risk when ROK drops. The stock ideas table highlights individual companies that behave independently from ROK.
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 -0.06, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.06 | 0.00 | 0.02 | 100 | Ultrashort Bond | ROK vs SGOV | |
| Procure Space ETF | 0.43 | 0.46 | 0.50 | 50 | Global Equities, Aerospace & Defense | ROK vs UFO | |
| Spear Alpha ETF | 0.49 | 0.49 | — | 64 | Technology Equities | ROK vs SPRX | |
| Roundhill Generative AI & Technology ETF | 0.49 | 0.47 | 0.47 | 89 | Technology Equities | ROK vs CHAT | |
| Invesco QQQ ETF | 0.55 | 0.53 | 0.59 | 59 | Nasdaq-100 | ROK vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ROK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ROK and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.09, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.09 | 0.02 | 0.17 | 74 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.07 | 0.11 | 0.16 | 74 | Energy | |
| Walmart Inc. | -0.02 | 0.03 | 0.15 | 70 | Consumer Defensive | |
| The J. M. Smucker Company | 0.04 | 0.07 | 0.09 | 62 | Consumer Defensive | |
| Johnson & Johnson | 0.05 | 0.06 | 0.14 | 96 | Healthcare |
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