Looking to balance out your exposure to SAR? The ETFs below have the lowest correlation with SAR — they tend to move on their own, which can help reduce risk when SAR drops. The stock ideas table highlights individual companies that behave independently from SAR.
Best Diversifiers for SAR
5 ETFs have low correlation with SAR (below 0.3), 0 of which are negatively correlated. The least correlated is State Street Technology Select Sector SPDR ETF (XLK) (Technology Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Technology Select Sector SPDR ETF | 0.17 | 0.19 | 0.26 | 82 | Technology Equities | SAR vs XLK | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.21 | 0.23 | 0.29 | 76 | Nasdaq-100, Derivative Income | SAR vs JEPQ | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 0.23 | 0.27 | 0.27 | 90 | Emerging Markets Bonds | SAR vs VEMY | |
| Vanguard S&P 500 ETF | 0.28 | 0.32 | 0.37 | 74 | S&P 500 | SAR vs VOO | |
| State Street SPDR S&P 500 ETF | 0.28 | 0.32 | 0.37 | 74 | S&P 500 | SAR vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SAR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SAR and solid risk/return profiles. The least correlated is Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.02, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.02 | 0.15 | 0.23 | 88 | Energy | |
| Exxon Mobil Corporation | -0.01 | 0.13 | 0.23 | 86 | Energy | |
| Altria Group, Inc. | 0.02 | 0.13 | 0.19 | 73 | Consumer Defensive | |
| Chevron Corporation | 0.07 | 0.18 | 0.25 | 84 | Energy | |
| PepsiCo, Inc. | 0.07 | 0.16 | 0.17 | 57 | Consumer Defensive |
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