Looking to balance out your exposure to YETI? The ETFs below have the lowest correlation with YETI — they tend to move on their own, which can help reduce risk when YETI drops. The stock ideas table highlights individual companies that behave independently from YETI.
Best Diversifiers for YETI
0 ETFs have low correlation with YETI (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.49, roughly unchanged from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.49 | 0.43 | 0.54 | 70 | S&P 500 | YETI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from YETI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to YETI and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.04, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.04 | 0.12 | 0.17 | 83 | Energy | |
| Walmart Inc. | 0.07 | 0.13 | 0.21 | 63 | Consumer Defensive | |
| Palo Alto Networks, Inc. | 0.09 | 0.14 | 0.27 | 67 | Technology | |
| Celestica Inc. | 0.12 | 0.16 | 0.26 | 94 | Technology | |
| AppLovin Corporation | 0.14 | 0.17 | 0.34 | 59 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements YETI
Add YETI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with YETI