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
0 ETFs have low correlation with ROK (below 0.3), 0 of which are negatively correlated. The least correlated is Roundhill Generative AI & Technology ETF (CHAT) (Technology Equities) with a 1Y correlation of 0.47, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Generative AI & Technology ETF | 0.47 | 0.46 | 0.47 | 94 | Technology Equities | ROK vs CHAT | |
| Spear Alpha ETF | 0.48 | 0.48 | 0.54 | 71 | Technology Equities | ROK vs SPRX | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.51 | 0.51 | 0.59 | 57 | S&P 500, Large Cap Growth Equities | ROK vs SPYG | |
| ARK Autonomous Technology & Robotics ETF | 0.54 | 0.54 | 0.57 | 62 | Technology Equities, Robotics | ROK vs ARKQ | |
| Vanguard S&P 500 ETF | 0.63 | 0.61 | 0.67 | 70 | S&P 500 | ROK vs VOO |
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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 Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.07, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.07 | 0.13 | 0.19 | 85 | Energy | |
| The Coca-Cola Company | -0.05 | 0.03 | 0.18 | 66 | Consumer Defensive | |
| Walmart Inc. | -0.00 | 0.06 | 0.18 | 63 | Consumer Defensive | |
| Monster Beverage Corporation | 0.06 | 0.16 | 0.30 | 79 | Consumer Defensive | |
| Johnson & Johnson | 0.09 | 0.08 | 0.16 | 92 | Healthcare |
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