Looking to balance out your exposure to SAP? The ETFs below have the lowest correlation with SAP — they tend to move on their own, which can help reduce risk when SAP drops. The stock ideas table highlights individual companies that behave independently from SAP.
Best Diversifiers for SAP
165 ETFs have low correlation with SAP (below 0.3), 4 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.03, roughly unchanged from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.03 | -0.07 | -0.00 | 100 | Government Bonds, Ultrashort Bond | SAP vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.02 | — | — | 100 | Ultrashort Bond | SAP vs VBIL | |
| Global X MLP & Energy Infrastructure ETF | -0.02 | 0.14 | 0.22 | 55 | MLPs | SAP vs MLPX | |
| VanEck Rare Earth and Strategic Metals ETF | -0.02 | 0.15 | 0.27 | 80 | Rare Earth & Strategic Metals | SAP vs REMX | |
| iShares Treasury Floating Rate Bond ETF | 0.01 | -0.03 | -0.04 | 100 | Government Bonds, Ultrashort Bond | SAP vs TFLO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SAP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SAP and solid risk/return profiles. The least correlated is Ventas, Inc. (VTR) (Real Estate) with a 1Y correlation of -0.15, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ventas, Inc. | -0.15 | 0.06 | 0.20 | 87 | Real Estate | |
| Altria Group, Inc. | -0.13 | -0.03 | 0.05 | 72 | Consumer Defensive | |
| Duke Energy Corporation | -0.09 | -0.02 | 0.07 | 62 | Utilities | |
| United Therapeutics Corporation | -0.09 | 0.06 | 0.13 | 94 | Healthcare | |
| Merck & Co., Inc. | -0.09 | 0.01 | 0.07 | 89 | Healthcare |
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Build a portfolio that complements SAP
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