Looking to balance out your exposure to SAR? The ETFs below have historically moved differently from SAR, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SAR
6 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 0.09, down from 0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Technology Select Sector SPDR ETF | 0.09 | 0.16 | 0.24 | 62 | Technology Equities | SAR vs XLK | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.17 | 0.22 | — | 66 | Nasdaq-100, Derivative Income | SAR vs JEPQ | |
| State Street SPDR S&P 500 ETF | 0.24 | 0.30 | 0.36 | 78 | S&P 500 | SAR vs SPY | |
| Vanguard S&P 500 ETF | 0.24 | 0.30 | 0.36 | 78 | S&P 500 | SAR vs VOO | |
| Virtus Stone Harbor Emerging Markets High Yield Bo... | 0.25 | 0.28 | — | 89 | Emerging Markets Bonds | SAR vs VEMY |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SAR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.02, down from 0.21 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.02 | 0.14 | 0.21 | 85 | Energy | |
| Altria Group, Inc. | 0.03 | 0.14 | 0.19 | 66 | Consumer Defensive | |
| Chevron Corporation | 0.04 | 0.19 | 0.23 | 79 | Energy | |
| AbbVie Inc. | 0.04 | 0.15 | 0.15 | 76 | Healthcare | |
| Enterprise Products Partners L.P. | 0.05 | 0.18 | 0.26 | 89 | Energy |
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