Looking to balance out your exposure to STKS? The ETFs below have historically moved differently from STKS, 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 STKS
2 ETFs have low correlation with STKS (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.13, down from 0.24 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | 0.13 | 0.24 | — | 55 | Nasdaq-100, Derivative Income | STKS vs JEPQ | |
| iShares MSCI USA Quality Factor ETF | 0.24 | 0.33 | 0.39 | 72 | Quality Factor, Large Cap Blend Equities | STKS vs QUAL |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for STKS, 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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.07, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.07 | 0.10 | 0.24 | 56 | Technology |
Build a portfolio that complements STKS
Add STKS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with STKS