Looking to balance out your exposure to TREX? The ETFs below have the lowest correlation with TREX — they tend to move on their own, which can help reduce risk when TREX drops. The stock ideas table highlights individual companies that behave independently from TREX.
Best Diversifiers for TREX
0 ETFs have low correlation with TREX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.48, down from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.48 | 0.55 | 0.61 | 74 | S&P 500 | TREX vs VOO | |
| State Street SPDR S&P 500 ETF | 0.49 | 0.55 | 0.61 | 74 | S&P 500 | TREX vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TREX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TREX and solid risk/return profiles. The least correlated is AbbVie Inc. (ABBV) (Healthcare) with a 1Y correlation of 0.06, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AbbVie Inc. | 0.06 | 0.14 | 0.13 | 68 | Healthcare | |
| United Therapeutics Corporation | 0.10 | 0.12 | 0.10 | 86 | Healthcare | |
| Celestica Inc. | 0.11 | 0.24 | 0.30 | 94 | Technology | |
| Silicon Motion Technology Corporation | 0.14 | 0.25 | 0.29 | 98 | Technology | |
| Argan, Inc. | 0.15 | 0.26 | 0.27 | 94 | Industrials |
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