Looking to balance out your exposure to SBFM? The ETFs below have the lowest correlation with SBFM — they tend to move on their own, which can help reduce risk when SBFM drops. The stock ideas table highlights individual companies that behave independently from SBFM.
Best Diversifiers for SBFM
2 ETFs have low correlation with SBFM (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.28, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.28 | 0.23 | 0.18 | 70 | S&P 500 | SBFM vs VOO | |
| Vanguard Total Stock Market ETF | 0.29 | 0.23 | 0.19 | 68 | Large Cap Blend Equities | SBFM vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SBFM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SBFM and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of 0.09, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | 0.09 | -0.01 | 0.01 | 66 | Consumer Defensive | |
| Johnson & Johnson | 0.10 | 0.01 | 0.05 | 92 | Healthcare | |
| NVIDIA Corporation | 0.13 | 0.12 | 0.12 | 78 | Technology | |
| Apple Inc | 0.16 | 0.14 | 0.14 | 89 | Technology | |
| AST SpaceMobile, Inc. | 0.16 | 0.14 | 0.11 | 91 | Communication Services |
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