Looking to balance out your exposure to VRSK? The ETFs below have the lowest correlation with VRSK — they tend to move on their own, which can help reduce risk when VRSK drops. The stock ideas table highlights individual companies that behave independently from VRSK.
Best Diversifiers for VRSK
2 ETFs have low correlation with VRSK (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of -0.08, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | -0.08 | 0.11 | 0.31 | 73 | Nasdaq-100 | VRSK vs QQQ | |
| Vanguard U.S. Multifactor ETF | 0.05 | 0.17 | 0.30 | 80 | Multi-factor | VRSK vs VFMF |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VRSK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VRSK and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.27, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.27 | -0.05 | 0.17 | 78 | Technology | |
| Comfort Systems USA, Inc. | -0.27 | -0.04 | 0.16 | 98 | Industrials | |
| Jabil Inc. | -0.27 | -0.07 | 0.13 | 92 | Technology | |
| EMCOR Group, Inc. | -0.24 | -0.04 | 0.14 | 83 | Industrials | |
| ASML Holding N.V. | -0.21 | -0.02 | 0.20 | 94 | Technology |
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