Looking to diversify beyond SATO? The ETFs below have the lowest correlation with SATO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SATO.
Best Diversifiers for SATO
380 ETFs have low correlation with SATO (below 0.3), 52 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.79, roughly unchanged from -0.78 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.79 | -0.78 | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | SATO vs SBIT | |
| ProShares Short Bitcoin ETF | -0.79 | -0.76 | — | 57 | Cryptocurrency | SATO vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.74 | -0.74 | -0.74 | 68 | Inverse Equities, Leveraged Equities | SATO vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.71 | -0.70 | -0.70 | 70 | Derivative Income | SATO vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.25 | -0.22 | — | 51 | Currency | SATO vs UUP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SATO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SATO and solid risk/return profiles. The least correlated is Wheaton Precious Metals Corp. (WPM) (Basic Materials) with a 1Y correlation of 0.29, roughly unchanged from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Wheaton Precious Metals Corp. | 0.29 | 0.24 | — | 58 | Basic Materials |
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