Looking to balance out your exposure to SAIC? The ETFs below have the lowest correlation with SAIC — they tend to move on their own, which can help reduce risk when SAIC drops. The stock ideas table highlights individual companies that behave independently from SAIC.
Best Diversifiers for SAIC
6 ETFs have low correlation with SAIC (below 0.3), 0 of which are negatively correlated. The least correlated is iMGP DBi Managed Futures Strategy ETF (DBMF) (Systematic Trend) with a 1Y correlation of 0.04, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iMGP DBi Managed Futures Strategy ETF | 0.04 | 0.12 | 0.07 | 76 | Systematic Trend | SAIC vs DBMF | |
| iShares Core MSCI Total International Stock ETF | 0.08 | 0.22 | 0.28 | 55 | Foreign Large Cap Equities | SAIC vs IXUS | |
| iShares 0-3 Month Treasury Bond ETF | 0.09 | 0.04 | 0.02 | 100 | Ultrashort Bond | SAIC vs SGOV | |
| Vanguard S&P 500 ETF | 0.15 | 0.29 | 0.36 | 60 | S&P 500 | SAIC vs VOO | |
| State Street SPDR S&P 500 ETF | 0.16 | 0.29 | 0.37 | 60 | S&P 500 | SAIC vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SAIC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SAIC and solid risk/return profiles. The least correlated is Howmet Aerospace Inc. (HWM) (Industrials) with a 1Y correlation of -0.01, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Howmet Aerospace Inc. | -0.01 | 0.19 | 0.30 | 86 | Industrials | |
| Amazon.com, Inc | 0.02 | 0.11 | 0.16 | 52 | Consumer Cyclical | |
| Shoprite Holdings Ltd ADR | 0.04 | 0.05 | 0.10 | 63 | Consumer Cyclical | |
| Colgate-Palmolive Company | 0.09 | 0.14 | 0.23 | 50 | Consumer Defensive | |
| Corteva, Inc. | 0.16 | 0.27 | 0.31 | 54 | Basic Materials |
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