Looking to balance out your exposure to SAFRY? The ETFs below have the lowest correlation with SAFRY — they tend to move on their own, which can help reduce risk when SAFRY drops. The stock ideas table highlights individual companies that behave independently from SAFRY.
Best Diversifiers for SAFRY
3 ETFs have low correlation with SAFRY (below 0.3), 2 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.24, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.24 | -0.04 | 0.07 | 74 | Commodities | SAFRY vs PDBC | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.04 | 0.00 | 100 | Ultrashort Bond | SAFRY vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.07 | 0.11 | 0.10 | 93 | Inflation-Protected Bonds | SAFRY vs VTIP | |
| iShares Core MSCI Emerging Markets ETF | 0.41 | 0.42 | 0.47 | 79 | Emerging Markets Diversified | SAFRY vs IEMG | |
| NEOS Nasdaq-100 High Income ETF | 0.44 | — | — | 68 | Nasdaq-100, Derivative Income | SAFRY vs QQQI |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SAFRY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SAFRY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.28, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.28 | -0.11 | 0.08 | 85 | Energy | |
| Cenovus Energy Inc. | -0.16 | 0.01 | 0.16 | 95 | Energy | |
| TotalEnergies SE | -0.05 | 0.11 | 0.17 | 90 | Energy | |
| Anheuser-Busch InBev SA/NV | 0.19 | 0.25 | 0.39 | 54 | Consumer Defensive | |
| Huntington Ingalls Industries, Inc | 0.22 | 0.24 | 0.27 | 62 | Industrials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SAFRY
Add SAFRY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SAFRY