Looking to diversify beyond USOY? The ETFs below have historically moved differently from USOY, 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 USOY
1741 ETFs have low correlation with USOY (below 0.3), 1670 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Astoria Dynamic Core US Fixed Income ETF | -0.43 | — | — | 50 | Multisector Bonds | USOY vs AGGA | |
| Avantis Short-Term Fixed Income ETF | -0.43 | — | — | 58 | Short-Term Bond | USOY vs AVSF | |
| First Trust Low Duration Strategic Focus ETF | -0.43 | — | — | 73 | Short-Term Bond | USOY vs LDSF | |
| First Trust Limited Duration Investment Grade Corp... | -0.42 | — | — | 54 | Short-Term Bond, Investment Grade Bonds | USOY vs FSIG | |
| Dimensional Short-Duration Fixed Income ETF | -0.41 | -0.27 | -0.27 | 60 | Short-Term Bond | USOY vs DFSD |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for USOY, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Delta Air Lines, Inc. | -0.43 | — | — | 90 | Industrials | |
| Apple Inc | -0.24 | — | — | 90 | Technology | |
| Colgate-Palmolive Company | -0.24 | — | — | 57 | Consumer Defensive | |
| American Express Company | -0.22 | — | — | 63 | Financial Services | |
| The New York Times Company | -0.15 | — | — | 84 | Communication Services |
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