Looking to balance out your exposure to SAFE? The ETFs below have the lowest correlation with SAFE — they tend to move on their own, which can help reduce risk when SAFE drops. The stock ideas table highlights individual companies that behave independently from SAFE.
Best Diversifiers for SAFE
1 ETFs have low correlation with SAFE (below 0.3), 0 of which are negatively correlated. The least correlated is Breakwave Dry Bulk Shipping ETF (BDRY) (Commodities) with a 1Y correlation of 0.01, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Dry Bulk Shipping ETF | 0.01 | 0.03 | 0.02 | 85 | Commodities | SAFE vs BDRY | |
| Vanguard S&P 500 ETF | 0.32 | 0.35 | 0.45 | 70 | S&P 500 | SAFE vs VOO | |
| State Street SPDR S&P 500 ETF | 0.32 | 0.35 | 0.45 | 70 | S&P 500 | SAFE vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SAFE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SAFE and solid risk/return profiles. The least correlated is RingCentral, Inc. (RNG) (Technology) with a 1Y correlation of 0.18, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| RingCentral, Inc. | 0.18 | 0.34 | 0.39 | 75 | Technology | |
| LTC Properties, Inc. | 0.34 | 0.44 | 0.44 | 50 | Real Estate | |
| Medical Properties Trust, Inc | 0.36 | 0.40 | 0.42 | 56 | Real Estate | |
| Healthcare Realty Trust Incorporated | 0.37 | 0.47 | 0.49 | 86 | Real Estate | |
| W. P. Carey Inc. | 0.40 | 0.49 | 0.49 | 79 | Real Estate |
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