Looking to balance out your exposure to ROL? The ETFs below have historically moved differently from ROL, 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 ROL
10 ETFs have low correlation with ROL (below 0.3), 4 of which are negatively correlated. The least correlated is Vanguard Total World Stock ETF (VT) (Global Equities) with a 1Y correlation of -0.02, down from 0.29 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total World Stock ETF | -0.02 | 0.19 | 0.29 | 70 | Global Equities | ROL vs VT | |
| State Street SPDR S&P 500 ETF | -0.02 | 0.20 | 0.32 | 67 | S&P 500 | ROL vs SPY | |
| Vanguard S&P 500 ETF | -0.02 | 0.20 | 0.32 | 68 | S&P 500 | ROL vs VOO | |
| iShares Core S&P 500 ETF | -0.01 | 0.20 | 0.32 | 67 | S&P 500 | ROL vs IVV | |
| First Trust RBA American Industrial Renaissance ET... | 0.01 | 0.19 | 0.27 | 54 | Building & Construction | ROL vs AIRR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ROL, 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 Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.20, down from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.20 | -0.00 | 0.11 | 67 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.16 | -0.05 | 0.04 | 87 | Technology | |
| ASML Holding N.V. | -0.16 | 0.04 | 0.15 | 96 | Technology | |
| NVIDIA Corporation | -0.16 | -0.03 | 0.08 | 56 | Technology | |
| GE Vernova Inc. | -0.11 | 0.03 | 0.03 | 76 | Industrials |
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