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Looking to balance out your exposure to SA? The ETFs below have historically moved differently from SA, 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 SA

0 ETFs have low correlation with SA (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Global Silver and Metals Miners ETF (SLVP) (Silver) with a 1Y correlation of 0.83, roughly unchanged from 0.83 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
iShares MSCI Global Silver and Metals Miners ETF0.830.820.83
50
Silver, Precious MetalsSA vs SLVP

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for SA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Texas Pacific Land Corporation (TPL) (Energy) with a 1Y correlation of 0.05, down from 0.20 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Texas Pacific Land Corporation0.050.170.20
64
Energy
Bausch Health Companies Inc.0.130.140.12
58
Healthcare
Madrigal Pharmaceuticals, Inc.0.140.120.12
79
Healthcare
Nebius Group N.V.0.210.170.17
94
Communication Services
NVIDIA Corporation0.260.170.19
61
Technology
See all 24 low-correlation stocks for SA

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Diversification Analysis

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