Looking to balance out your exposure to U? The ETFs below have the lowest correlation with U — they tend to move on their own, which can help reduce risk when U drops. The stock ideas table highlights individual companies that behave independently from U.
Best Diversifiers for U
4 ETFs have low correlation with U (below 0.3), 1 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.14, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.14 | 0.06 | 0.10 | 63 | Energy Equities | U vs XLE | |
| Franklin International Low Volatility High Dividen... | 0.03 | 0.23 | 0.24 | 89 | Volatility Hedged Equity, Dividend | U vs LVHI | |
| Pacer US Cash Cows 100 ETF | 0.18 | 0.34 | 0.37 | 65 | Mid Cap Value Equities, Dividend | U vs COWZ | |
| Vanguard Dividend Appreciation ETF | 0.28 | 0.37 | 0.42 | 56 | Dividend | U vs VIG | |
| SP Funds S&P World ETF | 0.34 | — | — | 72 | Foreign Large Cap Equities | U vs SPWO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from U, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to U and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.29, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.29 | -0.07 | 0.01 | 66 | Consumer Defensive | |
| Exxon Mobil Corporation | -0.18 | 0.00 | 0.06 | 85 | Energy | |
| Chevron Corporation | -0.18 | 0.00 | 0.05 | 83 | Energy | |
| Johnson & Johnson | -0.18 | -0.06 | 0.00 | 92 | Healthcare | |
| Eli Lilly and Company | -0.05 | 0.05 | 0.09 | 72 | Healthcare |
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